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Power of AO to Grant Stay — Whether Discretionary or Controlled By the Instructions and Circulars
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Capital Gains Tax Implications in Singapore on Capital Reduction or Liquidation
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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September 2012

A. P. (DIR Series) Circular No. 8 dated 18th July, 2012

By Gaurang Gandhi, Chartered Accountant

Reading Time 1 mins

Exchange Earner’s Foreign Currency (EEFC) Account

This circular states that the provisions of A. P. (DIR Series) Circular No. 124 dated May 10, 2012 will not apply to the Resident Foreign Currency (RFC) Accounts. As a result, the RFC account holder can now retain 100% of his/her foreign exchange earnings in the said account.

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September 2012

A. P. (DIR Series) Circular No. 8 dated 18th July, 2012

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September 2012

A. P. (DIR Series) Circular No. 8 dated 18th July, 2012

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A. P. (DIR Series) Circular No. 7 dated 16th July, 2012

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