International Seminar/Conference/Convention etc. in India - Temporary Foreign Currency Accounts

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....hange Madam/Sirs, International Seminar/Conference/Convention etc. in India - Temporary Foreign Currency Accounts Attention of authorised dealers is invited to Notification No.FEMA 10/2000-RB dated 3rd May 2000 viz. the Foreign Exchange Management (Foreign Currency Accounts by person resident in India) regulation 2000. Authorised Dealers are also aware that opening of temporary Foreign Currency....

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..... 4. The facility would be subject to the following conditions:- A. CREDITS: All inward remittances in foreign currency towards registration fees payable by overseas delegates, grant, sponsorship fees and donations, received from abroad, in connection with the conference, convention, etc. B. DEBITS: i. Payment to foreign/special invitees attending the conference, etc., on the specific invit....