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Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Liberalisation

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....EMA), 1999 - Current Account Transactions - Liberalisation Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Foreign Exchange Management (Current Account Transactions) Rules, 2000 notified vide Notification No. G.S.R.381(E) dated 3rd May 2000, as amended from time to time. 2. In terms of Rule 5 of the Foreign Exchange Management (Current Account Transactions) Rules, 2....