Amendments were made to Foreign Exchange Management (Current Account Transaction) Rules 2000 pertaining to provisions relating to 'Purpose of Remittance' in Schedule II. The amendments were made effective from 29 October 2003

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....onomic Affairs) NOTIFICATION New Delhi, the 27th October, 2003 G.S.R. 849(E).- In exercise of the powers conferred by Section 5 and Sub-section (1) and clause (a) of Sub-section I (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, makes the foll....