TMI BlogHolding of foreign exchange [Section 4 of FEMA Act,1999]X X X X Extracts X X X X X X X X Extracts X X X X ..... xchange As per Section 4 , Save as otherwise provided in this Act, no person resident in India shall acquire, hold, own, possess or transfer any foreign exchange, foreign security or any immovabl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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