https://www.taxtmi.com/acts?id=55151 Foreign currency accounts with a Banking Unit may be opened, held and maintained by Qualified Individuals and by resident or non-resident corporate or institutional entities, subject to the manner or requirements specified by the Authority. Qualified Resident Individuals may maintain freely convertible foreign currency accounts for transactions connected with, or arising from, permissible current account transactions, capital account transactions, or both, as specified under the Liberalised Remittance Scheme. en-us Mon, 14 Sep 2026 14:26:06 +0530 Mon, 14 Sep 2026 14:26:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55151 Foreign currency accounts with a Banking Unit may be opened, held and maintained by Qualified Individuals and by resident or non-resident corporate or institutional entities, subject to the manner or requirements specified by the Authority. Qualified Resident Individuals may maintain freely convertible foreign currency accounts for transactions connected with, or arising from, permissible current account transactions, capital account transactions, or both, as specified under the Liberalised Remittance Scheme. Act-Rules Indian Laws Mon, 14 Sep 2026 14:26:06 +0530 https://www.taxtmi.com/acts?id=55151