Foreign Exchange Management (Permissible Capital Account Transactions)(Amendment) Regulations, 2019

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..... Foreign Exchange Management (Permissible Capital Account Transactions)(Amendment) Regulations, 2019 G.S.R. 162(E).- In exercise of the powers conferred by clause (a) of sub-section (2) of Section 6 and clause (a) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of its Notification No. FEMA 1/2000-RB dated May 03, 2 .....

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..... sses of capital account transactions of persons resident in India) of Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000, for the existing clause (k), the following shall be substituted, namely; (k) Undertake derivative contracts (iii) In the Schedule II (Classes of capital account transactions of persons resident outside India) of Foreign Exchange M .....

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