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of <h1>Foreign Investors Can Repatriate Sale Proceeds of Indian Securities Under Specific Regulatory Conditions and Tax Compliance</h1> The statutory provisions outline rules for foreign exchange management regarding sale proceeds of Indian securities. All transactions must be conducted through Indian banking channels and are subject to applicable taxes. Remittance of sale proceeds by non-resident sellers is permitted only if the security was held on a repatriation basis, sold in compliance with pricing guidelines, or with Reserve Bank approval. Authorized dealers can facilitate such remittances after deducting applicable taxes.
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