Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2000 – Remittance of salary

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..... 000 - Remittance of salary Attention of Authorised Dealer Category - I banks is invited to A. P. (DIR Series) Circular No. 26 dated January 14, 2010 and sub-regulation 8 of Regulation 7 of Notification No. FEMA 10/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Foreign Currency Account by a person resident in India) Regulation, 2000 (as amended from time). 2. We have been receiving q .....

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..... in India) (Amendment) Regulations, 2014 notified vide Notification No. FEMA. 328/2014-RB dated December 3, 2014 c.f. G.S.R. No.913(E) dated December 24, 2014. 5. AD Category- I banks may bring the contents of the circular to the notice of their constituents concerned. 6. The directions contained in this circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management .....

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