Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder

Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder https://www.taxtmi.com/circulars?id=2126 Banks authorised to deal in foreign exchange may permit a resident power of attorney holder, when specifically authorised, to remit through normal banking channels funds out of balances in NRE accounts to the non-resident account holder, and the same permissions and conditions apply, mutatis mutandis, to FCNR B accounts. en-us Tue, 15 Mar 2005 00:00:00 +0530 Fri, 03 Oct 2008 11:14:00 +0530 TaxTMI RSS Generator Operations in Non-Resident External (NRE)/Foreign Currency Non-resident (Bank) (FCNR (B)) Accounts by the Resident Power of Attorney Holder https://www.taxtmi.com/circulars?id=2126 Banks authorised to deal in foreign exchange may permit a resident power of attorney holder, when specifically authorised, to remit through normal banking channels funds out of balances in NRE accounts to the non-resident account holder, and the same permissions and conditions apply, mutatis mutandis, to FCNR B accounts. Circulars FEMA Tue, 15 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2126