https://www.taxtmi.com/acts?id=2343 The regulation permits repatriation of sale proceeds of immovable property only with prior Reserve Bank permission for persons under the Act, or via an authorised dealer for NRIs/PIOs if conditions are met: acquisition complied with foreign exchange law, repatriation limited to amounts originally used for acquisition or their foreign currency equivalent from designated non-resident accounts, and residential property repatriation capped; it also allows authorised dealer-banks to permit sale and repatriation of proceeds by overseas lenders/security trustees to recover external commercial borrowings. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 17:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2343 The regulation permits repatriation of sale proceeds of immovable property only with prior Reserve Bank permission for persons under the Act, or via an authorised dealer for NRIs/PIOs if conditions are met: acquisition complied with foreign exchange law, repatriation limited to amounts originally used for acquisition or their foreign currency equivalent from designated non-resident accounts, and residential property repatriation capped; it also allows authorised dealer-banks to permit sale and repatriation of proceeds by overseas lenders/security trustees to recover external commercial borrowings. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2343