Synopsis of the new regulations is given
as under:
General
permission has been given to any person to buy foreign exchange from any post
office in India in the form of postal order or money order.
The
new regulations shall come into force with
effect from December 29, 2015.
Based on RBI Circular dt 04/02/16. Please visit www.rbi.org.in for any further clarification if required….. Poppy
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