September 12, 2026

Section 8 – Foreign Exchange Management Act: Realisation and Repatriation of Foreign Exchange

Foreign Exchange Management Act, 1999 — back to Table of Contents

Section 8. Realisation and repatriation of foreign exchange

Save as otherwise provided in this Act, where any amount of foreign exchange is due or has accrued to any person resident in India, such person shall take all reasonable steps to realise and repatriate to India such foreign exchange within such period and in such manner as may be specified by the Reserve Bank.