Medical payments for visiting NRI close relatives now permitted as resident to resident payments under FEMA notification covering related services. Resident individuals may pay medical expenses of visiting NRI/PIO close relatives (as defined in Section 6 of the Companies Act, 1956); such resident to resident payments are covered as 'services related thereto' under Regulation 2(i) of Notification No. FEMA 16/RB 2000 dated May 3, 2000. Authorised Dealer banks are to notify constituents and customers. Directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are without prejudice to permissions required under other laws.
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Medical payments for visiting NRI close relatives now permitted as resident to resident payments under FEMA notification covering related services.
Resident individuals may pay medical expenses of visiting NRI/PIO close relatives (as defined in Section 6 of the Companies Act, 1956); such resident to resident payments are covered as "services related thereto" under Regulation 2(i) of Notification No. FEMA 16/RB 2000 dated May 3, 2000. Authorised Dealer banks are to notify constituents and customers. Directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are without prejudice to permissions required under other laws.
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