Friday, December 15, 2006

EEFC ACCOUNT- LIBERALISATION OF PROCEDURE

All categories of foreign exchange earners are now allowed to credit up to 100 per cent of their foreign exchange earnings, as specified in the paragraph 1 (A) of the Schedule, to their Exchange Earner’s Foreign Currency (EEFC) account with immediate effect. All other terms and conditions
of the Scheme will remain unchanged.

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