Definitions
X X X X Extracts X X X X
X X X X Extracts X X X X
....cluding a co-operative bank (other than an authorised dealer) authorised by the Reserve Bank to maintain an account of a person resident outside India; (iii) 'Authorised dealer' means a person authorised as an authorised dealer under subsection (1) of section 10 of the Act; (iv) 'Deposit' includes deposit of money with a bank, company, proprietary concern, partner....
X X X X Extracts X X X X
X X X X Extracts X X X X
....sub-regulation (1) of Regulation 5; (ix) 'Permissible currency' means a foreign currency which is freely convertible; (x) 'Person of Indian Origin (PIO)' means a person resident outside India who is a citizen of any country other than Bangladesh or Pakistan or such other country as may be specified by the Central Government, satisfying the following conditions: (a) Who w....
TaxTMI