https://www.taxtmi.com/acts?id=2073 An authorised dealer may allow remittance of net sale proceeds of an Indian security to a non-resident seller only where the security was held on a repatriation basis, the sale occurred on a recognised Indian stock exchange at the ruling market price or Reserve Bank approval was obtained for other sales, and a no objection/tax clearance certificate from the Income Tax authority has been produced. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 21 Jun 2025 12:24:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2073 An authorised dealer may allow remittance of net sale proceeds of an Indian security to a non-resident seller only where the security was held on a repatriation basis, the sale occurred on a recognised Indian stock exchange at the ruling market price or Reserve Bank approval was obtained for other sales, and a no objection/tax clearance certificate from the Income Tax authority has been produced. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2073