Remittance facilities consolidated under FEMA notifications, clarifying eligibility and procedures with a temporary limited-duration sunset. Remittance facilities for non-resident Indians, persons of Indian origin and foreign nationals are consolidated under the regulatory framework of the Foreign Exchange Management Act, 1999 and related FEMA notifications; authorised banks are directed to follow the unified instructions and an appendix lists the underlying circulars and notifications. The Master Circular is issued for a limited duration and will be replaced by an updated compilation after that period.
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Provisions expressly mentioned in the judgment/order text.
Remittance facilities consolidated under FEMA notifications, clarifying eligibility and procedures with a temporary limited-duration sunset.
Remittance facilities for non-resident Indians, persons of Indian origin and foreign nationals are consolidated under the regulatory framework of the Foreign Exchange Management Act, 1999 and related FEMA notifications; authorised banks are directed to follow the unified instructions and an appendix lists the underlying circulars and notifications. The Master Circular is issued for a limited duration and will be replaced by an updated compilation after that period.
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