https://www.taxtmi.com/acts?id=55151 Foreign currency accounts may be opened by Banking Units in specified foreign currencies for individuals and corporate or institutional entities, whether resident in India or outside India, subject to conditions specified by the Authority. Individuals who are persons resident in India may open, hold and maintain such accounts with a Banking Unit for transactions connected with, or arising from, permissible current account transactions, capital account transactions, or both, under the Liberalised Remittance Scheme. en-us Mon, 14 Sep 2026 14:26:07 +0530 Tue, 15 Sep 2026 11:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55151 Foreign currency accounts may be opened by Banking Units in specified foreign currencies for individuals and corporate or institutional entities, whether resident in India or outside India, subject to conditions specified by the Authority. Individuals who are persons resident in India may open, hold and maintain such accounts with a Banking Unit for transactions connected with, or arising from, permissible current account transactions, capital account transactions, or both, under the Liberalised Remittance Scheme. Act-Rules Indian Laws Mon, 14 Sep 2026 14:26:07 +0530 https://www.taxtmi.com/acts?id=55151