Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2010

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....2010   G.S.R. 382(E).- In exercise of the powers conferred by Section 5 and sub-section (1) and clause (a) of sub-section (2) of Section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government, having considered it necessary in the public interest, hereby makes the following further amendment in the Foreign Exchange ....

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....rand name on the automatic route. Accordingly, Government of India issued a Press Note on 16.12.2009. Hence, the rule shall be deemed to have come into force with retrospective effect, i.e., from 16.12.2009. 1. It is certified that no person will be adversely affected by giving retrospective effect to these rules. Note:- The principal rules were published in the Gazette of India, Extraordina....