Permissible transaction of capital account

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....ral Government, specify- • any class or classes of capital account transactions, involving debt instruments, which are permissible; • the limit up to which foreign exchange shall be admissible for such transaction: • any conditions which may be placed on such transactions; • Exception:-The Reserve Bank or the Central Government shall not impose a....

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....pository receipts whose underlying securities are debt securities; • Permissible Transactions  Permissible transaction of capital account Read with Regulation 3 of Foreign Exchange Management (Permissible Account Transaction) Regulation, 2000 • In exercise of the powers under section 6(2), the Reserve Bank has framed the a Regulation 3 of ....

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....n India and abroad by a person resident in India (c) Transfer of immovable property outside India by a person resident in India (d) Guarantees issued by a person resident in India in favour of a person resident outside India (e) Export, import and holding of currency/currency notes (f) Loans and overdrafts (borrowings) by a person resident in India from a person....

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....erson resident outside India; and (ii) investment by way of contribution by a person resident outside India to the capital of a firm or a proprietorship concern or an association of persons in India. (b) Acquisition and transfer of immovable property in India by a person resident outside India. (c) Guarantee by a person resident outside India in favour of, or on behalf o....