Chartered Accountants · Kolkata · Since 2007 +91 98305 33138gaurav@ggoenka.com

5. Current account transactions.

Any person may sell or draw foreign exchange to or from an authorized person if such sale or drawl is a current account transaction:

Provided that the Central Government may, in public interest and in consultation with the Reserve Bank, impose such reasonable restrictions for current account transactions as may be prescribed.

Reference copy from the firm’s resource library, saved on 26 October 2026. Laws, rates and notifications change — for the current position on your matter, please talk to us. Back to the Knowledge Bank.