Whether unspent foreign exchange brought back to India is required to be surrendered by a traveller ?
Yes. He can, however, retain foreign currency upto U.S.$ 2000 or its equivalent (including foreign exchange, if any, already held by him) for personal purposes, under the general permission given to persons resident in India to hold foreign currency and surrender the balance to an authorised dealer or a money-changer against payment in rupees.
