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[Cites 0, Cited by 0] [Section 10(5)] [Section 10] [Entire Act]

Union of India - Subsection

Section 10(5)(e) in Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017

(e)The value of security to be transferred by the donor together with any security transferred to any person residing outside India as gift during the financial year does not exceed the rupee equivalent of USD50,000;