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September 2012

A. P. (DIR Series) Circular No. 5 dated 12th July, 2012

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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Foreign Exchange Management Act, 1999 – Submission of Revised A-2 Form.

RBI has revised the purpose codes for submitting R-Returns by Banks. As a consequence of this revision, purpose codes in Form A-2 have also been revised. Annexed to this circular is the revised list of purpose codes along with Form A-2.

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