https://www.taxtmi.com/circulars?id=2086 Authorises housing loans in rupees to NRIs/PIOs for residential acquisition in India and requires repayments-instalments, interest and charges-by inward remittance, debit to permitted non resident accounts or rental income. The circular liberalises repayment mechanisms by allowing close relatives in India to repay directly from their bank accounts to the borrower's loan account with the authorised dealer or approved housing finance institution. en-us Tue, 25 May 2004 00:00:00 +0530 Sat, 04 Oct 2008 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2086 Authorises housing loans in rupees to NRIs/PIOs for residential acquisition in India and requires repayments-instalments, interest and charges-by inward remittance, debit to permitted non resident accounts or rental income. The circular liberalises repayment mechanisms by allowing close relatives in India to repay directly from their bank accounts to the borrower's loan account with the authorised dealer or approved housing finance institution. Circulars FEMA Tue, 25 May 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2086