Remittance of assets regulation governs overseas transfer of assets from India under FEMA authority by the central bank. The Foreign Exchange Management (Remittance of Assets) Regulations, 2000, issued by the Reserve Bank of India under the Foreign Exchange Management Act, ... Summary
Remittance of assets regulation governs overseas transfer of assets from India under FEMA authority by the central bank.
The Foreign Exchange Management (Remittance of Assets) Regulations, 2000, issued by the Reserve Bank of India under the Foreign Exchange Management Act, govern remittance of assets outside India by any person resident or not and specify the regulations' short title and commencement date when they come into force.
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