FOREIGN EXCHANGE MANAGEMENT (FOREIGN CURRENCY ACCOUNTS BY A PERSON RESIDENT IN INDIA) REGULATIONS, 2000

 

 

 

v      SHORT TITLE AND COMMENCEMENT.

v      DEFINITIONS.

v      RESTRICTION ON HOLDING FOREIGN CURRENCY ACCOUNT BY A PERSON RESIDENT IN INDIA.

v      OPENING, HOLDING AND MAINTAINING AN EXCHANGE EARNERS’ FOREIGN CURRENCY ACCOUNT.

v      OPENING, HOLDING AND MAINTAINING A RESIDENT FOREIGN CURRENCY ACCOUNT.

v      OPENING, HOLDING AND MAINTAINING A RESIDENT FOREIGN CURRENCY (DOMESTIC) ACCOUNT.

v      OPENING, HOLDING AND MAINTAINING A FOREIGN CURRENCY ACCOUNT IN INDIA IN CERTAIN OTHER  CASES.

v      FOREIGN CURRENCY ACCOUNT OF A UNIT IN A SPECIAL ECONOMIC ZONE.

v      OPENING, HOLDING AND MAINTAINING A FOREIGN CURRENCY ACCOUNT OUTSIDE INDIA.

v      LIMIT ON HOLDING IN A FOREIGN CURRENCY ACCOUNT.

v      TYPES OF ACCOUNTS.

v      REMITTANCES OUT OF THE ACCOUNTS AFTER THE ACCOUNT HOLDER’S DEATH.

v      RESPONSIBILITY OF AUTHORISED DEALERS MAINTAINING FOREIGN CURRENCY ACCOUNTS.

v      EXCHANGE EARNER’S FOREIGN CURRENCY (EEFC) ACCOUNT SCHEME LIMIT UP TO WHICH  FOREIGN  CURRENCY MAY BE CREDITED TO EEFC AC­COUNT.

v      PERMISSIBLE CREDITS TO EEFC ACCOUNT.

v      PERMISSIBLE DEBITS TO THE EEFC ACCOUNT.

v      MISCELLANEOUS.

v      SPECIAL PROVISIONS FOR EEFC ACCOUNT OF A UNIT IN A SPECIAL ECONOMIC ZONE