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FEMA - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Use of International Credit Card while outside India - Approval ...


RBI: No Approval Needed for International Credit Card Payments Abroad Under Amended Foreign Exchange Management Rules.

July 1, 2023

Notifications     FEMA

Use of International Credit Card while outside India - Approval of RBI is not required for making payment by a person towards meeting expenses - Amendment in Foreign Exchange Management (Current Account Transactions) Rules, 2000 - Notification

 

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