Section 1
Short title and extent.
About this Act
An Act to provide for certain immunities to persons receiving remittances in foregin exchange and to persons owning the Foreign Exchange Bonds and for certain exemptions from direct taxes in relation to such remittances and bonds and for matters connected therewith or incidental thereto.
(1) This Act may be called the Remittances of Foreign Exchange and
Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991.
(2) It extends to the whole of India.
(2) It extends to the whole of India.