Issue of International Credit Cards to Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)

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..... edit Cards to Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.53 dated June 27, 2002 relating to the use of International Credit Cards (ICCs) and the subsequent clarification issued vide A.P. (DIR Series) Circular No.40 dated November 5, 2002. 2. As per the existing instructions, NRIs/PIOs are required to .....

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..... e Foreign Exchange Management (Deposit) Regulations 2000 are being notified separately. 5. The Directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999). Yours faithfully, Grace Koshie Chief General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Manage .....

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