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Published 20:07 IST, September 12th 2024
Finance Ministry overhauls FEMA compounding rules with increased limits and E-payments
Under the new Foreign Exchange (Compounding Proceedings) Rules, 2024, the application fee for compounding has been increased to Rs 10,000 plus GST.
Finance Minister Nirmala Sitharaman | Image:
PTI/file
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20:07 IST, September 12th 2024