What is capital account transaction?

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..... e FEMA 1999 , Capital Account Transaction means transactions which alters the assets or liabilities, including contingent liabilities outside India, of persons resident in India or assets or liabil .....

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..... transactions are governed by Section 6 of the FEMA, 1999 read with Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000​ - Manuals - Ready reckoner - La .....

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