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What are the purposes under FEM (CAT) Amendment Rules, 2015, under which a resident individual can avail of foreign exchange facility?

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....<br>FEMA<br>Ans. Individuals can avail of foreign exchange facility for the following purposes within the LRS limit of USD 2,50,000 on financial year basis: (i) Private visits to any country (except....

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.... in connection with medical treatment abroad (viii) Studies abroad (ix) Any other current account transaction which is not covered under the definition of current account in FEMA 1999. The AD ban....

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