https://www.taxtmi.com/manuals?id=6265 A licence is mandatory for conducting money changing business: only entities authorised by the central banking authority under the foreign exchange statute may undertake such activities, and carrying on money changing business without a valid licence attracts statutory penalties under the regulatory framework. en-us Thu, 05 Dec 2024 16:04:00 +0530 Thu, 05 Dec 2024 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6265 A licence is mandatory for conducting money changing business: only entities authorised by the central banking authority under the foreign exchange statute may undertake such activities, and carrying on money changing business without a valid licence attracts statutory penalties under the regulatory framework. Manuals FEMA Thu, 05 Dec 2024 16:04:00 +0530 https://www.taxtmi.com/manuals?id=6265