Date: 01-04-2005 Notification No: RBI Notification No FEMA 133/2005 RB Issuing Authority: RBI Type: FEMA Notification File No: Subject: Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005 G.S.R. 221(E).-In exercise of the powers conferred by clause (f) of Sub-section (3) of Section 6, Sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), and in partial modification of its Notification No. FEMA 5/2000-RB dated May 3,2000, as amended from time to time, the Reserve Bank of India makes the following Regulations to amend the Foreign Exchange Management (Deposit) Regulations, 2000, namely:1. Short title and commencement(i) These Regulations may be called the Foreign Exchange Management (Deposit) (Amendment) Regulations, 2005.(ii) They shall come into force on the 15th day of March 2005.2. Amendment of the RegulationsSub-clause (c) to clause 9 of Schedule 1 to the Foreign Exchange Management (Deposit) Regulations, 2000, shall be substituted as under :"Operations by Power of Attorney : Authorised dealers/ authorized banks may allow operations on an NRE account in terms of Power of Attorney or other authority granted in favour of a resident by the non- resident account holder, provided such operations are restricted to withdrawals for local payments or remittance to the account holder himself through normal banking channels. In cases where the account holder or a bank designated by him is eligible to make investments in India, the Power of Attorney holder may be permitted by the authorised dealers/banks to operate the account to facilitate such investment. The resident Power of Attorney holder shall not, however, be allowed to repatriate outside India funds held in the account under any circumstances other than to the account holder himself, nor to make payment by way of gift to a resident on behalf of the account holder or to transfer funds from the account to another NRE account" Sd/-( F R Joseph )Chief General ManagerNote : This notification has been Gazetted on 7th April, 2005.
Get Sample Now Which service(s) are you interested in? Export Data Import Data Both Buyers Suppliers Both OR Exim Help + Exim News Date: 05-06-2026 DSV-Schenker: Why the world’s largest logistics integrations could reshape supply chains in India Date: 05-06-2026 RBI MPC Meeting 2026 Date and Time: When will Governor Sanjay Malhotra announce policy decision? Date: 05-06-2026 RBI courts overseas investors as oil prices and capital outflows weigh on rupee Date: 04-06-2026 The rupee warning: Six actions for business leaders Date: 04-06-2026 Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency Date: 04-06-2026 Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy security Date: 03-06-2026 Rupee falls 31 paise to close at 95.67 against US dollar Date: 03-06-2026 Govt weighs tax cuts to boost foreign bond inflows: Report Date: 03-06-2026 Apple reveals 2026 Design Award Winners, spotlighting innovation and accessibility Date: 03-06-2026 OECD warns prolonged Middle East war could sharply slow global growth What is New? Date: 18-06-2026 Notification No. 57/2026-CUSTOMS (N.T.) In exercise of the powers conferred by clause f of sub section 1 of section 7 of the Customs Act, 1962 Date: 15-06-2026 Notification No. 55/2026-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 12-06-2026 CORRIGENDUM Corrigendum to notification No.45/2025-Customs dated 24.10.2025 Date: 11-06-2026 Notification No. 53/2026 - Customs (N.T.) Notification under Section 28A of Customs Act,1962 for non levy of customs duty on import of goods for generation of nuclear power, falling under tariff items 84013000 Date: 11-06-2026 Notification No. 54/2026-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver Date: 09-06-2026 Notification No. 21/2026-Customs Seeks to amend Notification No. 62/2022-Customs dated 26th December, 2022 Date: 09-06-2026 Notification No. 52/2026-Customs (N.T.) Appointment of Common Adjudicating Authority in the case of M/s. Koinone Polytech India Pvt. Ltd., (IEC: AAHCK5987A) – Consolidated Adjudication of Multiple Show Cause Notices arising from SVB Investigation Report No. Cus/SVB-DEL/85/2020-21 dated 17.12.2020 Date: 05-06-2026 Notification No. 50/2026-Customs (N.T.) Appointment of Common Adjudicating Authority in the case of M/s. Hewlett Packard Enterprise India Private Limited, (IEC: 0715007190) – Consolidated Adjudication of Multiple Show Cause Notices arising from SVB Investigation Report No.18/2024 dated 28.08.2024 Date: 30-05-2026 Notification No. 19/2026-Customs Seeks to prescribe BCD and AIDC on Raw Cotton for a specified period. Date: 29-05-2026 Notification No. 49/2026-CUSTOMS (N.T.) Fixation of Tariff Value of Edible Oils,Brass Scrap, Areca Nut, Gold and Silver
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