NSE vide circular dated October 23, 2023, in order to ease out the compliance burden of the members, has decided to discontinue the requirement of reporting of bank account balances and accordingly, it is clarified that the period of last submission which would be applicable to member for daily bank balance reporting shall be October 28, 2023.
Foreign Currency Accounts by Resident Individuals: Fifth Amendment
22 January 2025
A new sub-regulation (CA) under Regulation 5 now permits Indian exporters to open, hold, and maintain Foreign Currency Accounts with banks outside India. This allows
