{"id":948,"date":"2025-06-06T20:10:00","date_gmt":"2025-06-06T20:10:00","guid":{"rendered":"https:\/\/jbco.co.in\/?p=948"},"modified":"2025-06-06T20:10:00","modified_gmt":"2025-06-06T20:10:00","slug":"foreign-exchange-management-foreign-currency-accounts-by-a-person-resident-in-india-sixth-amendment-regulations-2025","status":"publish","type":"post","link":"https:\/\/jbco.co.in\/?p=948","title":{"rendered":"Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025"},"content":{"rendered":"<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p align=\"center\" class=\"head\">RESERVE BANK OF INDIA<br \/>      (FOREIGN EXCHANGE DEPARTMENT)<br \/>      CENTRAL OFFICE<br \/>      MUMBAI 400 001<\/p>\n<p class=\"head\">Notification No. FEMA 10 (R)(6)\/2025-RB <\/p>\n<p align=\"right\">April 29, 2025<\/p>\n<p class=\"head\" align=\"center\">Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025<\/p>\n<p>In exercise of the powers conferred by section 9 and clause (e) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India makes the following amendment in the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2015 [<a href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=10444&amp;Mode=0\" target=\"_blank\" class=\"links\">Notification No. FEMA 10(R)\/2015-RB dated January 21, 2016<\/a>] (hereinafter referred to as \u2018the principal regulations\u2019) namely:<\/p>\n<p class=\"head\">1. Short title and commencement:-<\/p>\n<ol type=\"i\">\n<li>\n<p>These regulations shall be called the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025.<\/p>\n<\/li>\n<li>\n<p>They shall come into force with effect from the date of their publication in the <a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/content\/pdfs\/FEMA10(R)(6)06062025.pdf\" target=\"_blank\" class=\"links\">Official Gazette<\/a>.<\/p>\n<\/li>\n<\/ol>\n<p class=\"head\">2. Amendment to Schedule II:<\/p>\n<p>In the Principal Regulations, in Schedule II, in the Annex titled \u2018Application for Opening Diamond Dollar Account\/s\u2019, in the first paragraph, for the words and figures \u201c2 years\u201d, the words \u201cthree years\u201d shall be substituted.<\/p>\n<p class=\"head\" align=\"right\">(N. Senthil Kumar)<br \/>      Chief General Manager<\/p>\n<hr>\n<p><span class=\"head\">Foot Note: <\/span>The Principal Regulations were published in the Official Gazette of Government of India \u2013 Extraordinary \u2013 Part-II, Section 3, Sub-Section (i) dated 21.01.2016 &#8211; G.S.R.No.96(E) and subsequently amended as under:<\/p>\n<p>G.S.R. No.570(E) dated 01.06.2016<br \/>      <a href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/content\/pdfs\/GNO2722019.pdf\" target=\"_blank\" class=\"links\">G.S.R. 160(E) dated 27.02.2019<\/a> <br \/>      <a href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=12674&amp;Mode=0\" target=\"_blank\" class=\"links\">Notification No. FEMA. 10R(3)\/2024-RB dated 23.04.2024<\/a> <br \/>    <a href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=12758&amp;Mode=0\" target=\"_blank\" class=\"links\">Notification No. FEMA. 10R(4)\/2024-RB dated 21.11.2024<\/a><br \/>    <a href=\"https:\/\/rbi.org.in\/Scripts\/NotificationUser.aspx?Id=12767&amp;Mode=0\" target=\"_blank\" class=\"links\">Notification No. FEMA 10(R)(5)\/2025-RB dated 14.01.2025<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 10 (R)(6)\/2025-RB April 29, 2025 Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 In exercise of the powers conferred by section 9 and clause (e) of sub-section (2) of section 47 of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-948","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=948"}],"version-history":[{"count":1,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/948\/revisions"}],"predecessor-version":[{"id":955,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/948\/revisions\/955"}],"wp:attachment":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}