Section 143 - Amendment of section 46 - Finance Act, 2015

Amendment of section 46 143. In section 46 of the Foreign Exchange Act, in sub-section (2),- (i) after clause (a), the following clauses shall be inserted, namely:- (aa) the instruments which are determined to be debt instruments under sub-section (7) of section 6; (ab) the permissible classes of capital account transactions in accordance with sub-section (2A) of section 6, the limits of admissibility of foreign exchange, and the prohibition, restriction or regulation of such transactions; ; (ii) after clause (g), the following clause shall be inserted, namely:- (gg) the aggregate value of foreign exchange referred to in sub-section (1) of section 37A; . **************** NOTES:- 1. Shall come into force w.e.f. 15th day of October, 2019 vide Notification No. S.O. 3715(E) dated 15-10-2019