https://www.taxtmi.com/acts?id=54113 Authorised persons may facilitate specified foreign exchange activities subject to any express permission or restriction by the Reserve Bank. AD Category-I may undertake any current account and capital account transaction permissible under the Act. AD Category-II may undertake non-trade current account transactions, excluding gifts and donations, and may handle foreign trade transactions up to the prescribed transaction limit. AD Category-III may engage only in activities set out in the Reserve Bank authorisation. Full Fledged Money Changers may purchase and sell foreign currency notes and travellers' cheques and act as agents under the Money Transfer Service Scheme. en-us Wed, 06 May 2026 17:28:47 +0530 Wed, 06 May 2026 17:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54113 Authorised persons may facilitate specified foreign exchange activities subject to any express permission or restriction by the Reserve Bank. AD Category-I may undertake any current account and capital account transaction permissible under the Act. AD Category-II may undertake non-trade current account transactions, excluding gifts and donations, and may handle foreign trade transactions up to the prescribed transaction limit. AD Category-III may engage only in activities set out in the Reserve Bank authorisation. Full Fledged Money Changers may purchase and sell foreign currency notes and travellers' cheques and act as agents under the Money Transfer Service Scheme. Act-Rules FEMA Wed, 06 May 2026 17:28:47 +0530 https://www.taxtmi.com/acts?id=54113