Remittance of assets: RBI permission required for cross-border transfers of Indian-held assets, with annual caps and compliance conditions. Regulations prohibit outward remittance of assets held in India except as permitted; they define remittance of asset broadly and establish permissive pathways with documentary, auditor and authorised dealer conditions for foreign citizens, NRIs/PIOs, companies under liquidation and branch/office closures, impose an annual ceiling (US$1,000,000) for specified remittances, require RBI prior approval where ceilings or hardship grounds apply, and make remittances subject to applicable Indian tax laws.