https://www.taxtmi.com/manuals?id=2997 The Reserve Bank is empowered under Section 47 to make regulations by notification to implement the Act, including rules on capital account transactions, establishment and operation of non resident branches, exports and services, remittance and repatriation processes, realisation and surrender of foreign exchange, and related insurance matters. Regulations may prescribe permissible classes of capital account transactions, limits, prohibitions, declaration formats, repatriation periods, possession and account limits for foreign currency, exemption and retention thresholds, and controls on export, import or holding of currency. Pre existing RBI regulations on capital account matters remain valid until amended or rescinded by the Central Government. en-us Mon, 10 Jul 2023 12:06:00 +0530 Mon, 10 Jul 2023 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2997 The Reserve Bank is empowered under Section 47 to make regulations by notification to implement the Act, including rules on capital account transactions, establishment and operation of non resident branches, exports and services, remittance and repatriation processes, realisation and surrender of foreign exchange, and related insurance matters. Regulations may prescribe permissible classes of capital account transactions, limits, prohibitions, declaration formats, repatriation periods, possession and account limits for foreign currency, exemption and retention thresholds, and controls on export, import or holding of currency. Pre existing RBI regulations on capital account matters remain valid until amended or rescinded by the Central Government. Manuals FEMA Mon, 10 Jul 2023 12:06:00 +0530 https://www.taxtmi.com/manuals?id=2997