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The Remittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991

Central

An Act to provide for certain immunities to persons receiving remittances in foregin exchange and to persons owning the Foreign Exchange Bonds and for certain exemptions from direct taxes in relation to such remittances and bonds and for matters connected therewith or incidental thereto.

Act number
41 of 1991
Ministry
Ministry of Finance
Department
Department of Financial Services
Enacted
18 Sep 1991

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

7 sections

  1. Section 1Short title and extent.
  2. Section 2Definitions.
  3. Section 3Immunities.
  4. Section 4Remittances not to be taken into account in certain cases.
  5. Section 5Definitions.
  6. Section 6Immunities.
  7. Section 7Foreign Exchange Bonds not to be taken into account in certain cases.