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May 2013

A. P. (DIR Series) Circular No. 96 dated 5th April, 2013

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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Memorandum of Instructions governing money changing activities

This circular permits Authorised Money Changers (AMC) to sell, to foreign tourists/visitors, Indian rupees against International Credit Cards/International Debit Cards and obtain prompt reimbursement for the same through normal banking channels.

CIRCULAR 1 OF 2013 – D/o IPP F. No. 5(1)/2013-FC.I Dated the 05-04-2013

Consolidated fdi policy

The Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) has issued a new Circular laying down the Consolidated FDI Policy. This Circular replaces the earlier Circular and is effective from 5th April, 2013.

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