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Foreign exchange earnings and outgo

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(Querist)
07 September 2017 Dear Members,

What is meant by Foreign Exchange Earnings and Outgo?
Does Outgo includes any payment made via online to Foreign Co.
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sivaram

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sivaram (Expert)
07 September 2017 yes it includes all payments made in foreign currency categorised into various heads for reporting like wise for receipts in foreign currency in broad heads

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