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issued to any ffmc / non-bank AD Category - II, against whom any major Directorate of Enforcement (DoE) / Directorate of Revenue Intelligence (DRI) / Central Bureau of Investigation (CBI) / Police case is pending. In terms of Section 5 of the fema, persons are free to buy or sell foreign exchange for any current account transaction except for those transactions on which Central Government has imposed restrictions, vide its Notification. Skip to main content, corrigendum, aug 30, 2018, foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2018. Can one obtain additional foreign exchange for medical treatment outside India?
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Jan 02, 2017, foreign Exchange Management (Transfer or Issue of any Foreign Security) (Second Amendment) Regulations, 2016 19 kb, dec 07, 2016, foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Eighteenth Amendment) Regulations, 2016. Who can apply for ffmc licence? Jul 04, 2014, hedging of Price Risk in Commodities. The Franchisee agreement to be entered into should include the following conditions: (a) The franchisees should display the names of their franchisers, exchange rates and that they are authorized only to purchase foreign currency prominently in their offices. The objective of the Scheme is to provide easier foreign exchange conversion facilities for travellers and tourists, including Non Resident Indians (NRIs by enlarging the network of money changing facilities in the country. The AD Category I banks / ADs Category II / ffmcs should obtain from the franchisees proper documentary evidence confirming the location of the franchisees in addition to personal visits to the site. (b) The foreign currency purchased by the franchisee should be surrendered only to its franchiser within 7 working days from the date of purchase. However, the cards can be freely used in India. This US10,000 (BTQ) can be availed of by a person alongwith foreign exchange for travel abroad for any purpose, including for employment or immigration or studies. Mar 09, 2017, foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fourth Amendment) Regulations, 2017 32 kb, mar 03, 2017, foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations,.