Form 15CA exemptions clarified: specified remittance categories and individual transfers without prior foreign exchange approval excluded.

Form 15CA and Form 15CB are not required where remittance is made by an individual that does not require prior approval under the Foreign Exchange Management Act read with Schedule III to the Current Account Transaction Rules. The forms are also not required for remittances falling within specified purpose-code categories, including investment abroad, loans to non-residents, import payments, travel and education remittances, operating expenses abroad, embassy and diplomatic payments, personal gifts and donations, tax payments or refunds, export rebates, and payments for international bidding.

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