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FEMA - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Debit cards, ATM cards or any other instrument by whatever name ...


Debit and ATM Cards Officially Classified as 'Currency' by Authorities, Affecting Financial and Tax Treatment.

January 1, 2016

Notifications     FEMA

Debit cards, ATM cards or any other instrument by whatever name called that can be used to create a financial liability, Notified as ‘currency’. - RBI

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