Any person can bring into India from a place outside India foreign exchange without any limit.
However, declaration of foreign exchange/currency is required to be made in the prescribed
Currency Declaration Form in the following cases:-
(a) Where the value of foreign currency notes exceeds US$ 5000/- or equivalent
(b) Where the aggregate value of foreign exchange (in the form of currency notes, bank notes,
traveler cheques etc.) exceeds US$ 10,000/- or its equivalent
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