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Drawal limit of USD 125000 increased to USD 250000 per financial year Foreign Exchange Management (Permissible Capital Account Transactions) (Third Amendment) Regulations 2015

Drawal limit of USD 125000 increased to USD 250,000 per financial year Foreign Exchange Management (Permissible Capital Account Transactions) (Third Amendment) Regulations, 2015 - FEMA - 341/2015-RB - Dated:- 26-5-2015 - RESERVE BANK OF INDIA (Foreign Exchange Department) (CENTRAL OFFICE) NOTIFICATION NO. FEMA. 341/2015-RB Mumbai, the 26th May, 2015 Foreign Exchange Management (Permissible Capital Account Transactions) (Third Amendment) Regulations, 2015 G.S.R. 425(E).-In exercise of the powers .....

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sible Capital Account Transactions) (Third Amendment) Regulations, 2015. (ii) They shall come into force from the date of their publication in the Official Gazette. 2. Amendment to the Regulations.-In the Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000, in Regulation 4, in sub-regulation (a), for the existing provisos, the following shall be substituted:- "PROVIDED that- (a) subject to the provisions of the Act or the rules or regulations or directio .....

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