The limit for depositing IT export receipts in the Exporters Specialized Foreign Currency Account has been increased

The limit for depositing IT export receipts in the Exporters Specialized Foreign Currency Account has been increased

File photo The limit for depositing IT export receipts in the Exporters Specialized Foreign Currency Account has been increased. Allowed to keep 50% of IT exports in Exporters Specialized Foreign Account. Previously the foreign exchange holding limit in exporters’ specialized accounts was 35 percent of export receipts. Freelancers will now be able to open primary…

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