Foreign exchange for travel
Foreign exchange for Travel 1.1 Foreign travel Provisions for release of foreign exchange for travel are quite liberal but have not been completely removed. Instructions are summarised in RBI Master Circular No. 6/2014-15 dated 1-7-2014 on ‘Miscellaneous Remittances from India – facilities for Residents’ [earlier Master Circular No. 6/2013-14 dated 1-7-2013]. Release of exchange for… Read More »