TMI BlogIf the foreign exchange has been acquired by way of gift or inheritance then even in that situation the...If the foreign exchange has been acquired by way of gift or inheritance then even in that situation the provision of section 4 shall not apply. The reserve bank has not prescribed any limit for holding the foreign exchange in case the foreign exchange has been acquired by gift or inheritance. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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