According to the Foreign Exchange Management Act, of 1999, a person resident in India shall take all
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According to the Foreign Exchange Management Act, of 1999, a person resident in India shall take all reasonable steps to repatriate to India any amount of foreign exchange earned and accrued to him. What is meant by the expression ‘Repatriate to India’? State the cases where foreign exchange can be held or need not be repatriated to India by a resident in India.
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