Section 9 - Exemption from realisation and repatriation in certain cases - Foreign Exchange Management Act,1999
Extract
..... Exemption from realisation and repatriation in certain cases. 9. The provisions of sections 4 and 8 shall not apply to the following, namely:- (a) possession of foreign currency or foreign coins by any person up to such limit as the Reserve Bank may .....
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Section 9 - Exemption from realisation and repatriation in certain cases - Foreign Exchange Management Act,1999
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..... ign exchange was acquired by way of gift or inheritance from a person referred to in clause (c), including any income arising therefrom; (e) foreign exchange acquired from employment, business, trade, vocation, services, honorarium, gifts, inheritanc .....
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Section 9 - Exemption from realisation and repatriation in certain cases - Foreign Exchange Management Act,1999
10(R)/(1)/2016-RB - Dated: 1-6-2016 - Foreign Exchange Management (Foreign Currency Accounts by a person resident in India)(Amendment) Regulations, 2016
10(R)/2015-RB - Dated: 21-1-2016 - Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 ((Amended upto June 01, 2016)