https://www.taxtmi.com/circulars?id=2191 AD Category I banks may authorise increased remittances for initial and recurring expenses for overseas branches, offices or representatives under prescribed financial tests, and such authorised remittances may be used by Indian companies with overseas offices to acquire immovable property abroad for business and staff residential purposes, subject to existing terms and any other legal approvals; regulatory amendments will be issued separately. en-us Mon, 04 Dec 2006 00:00:00 +0530 Fri, 03 Oct 2008 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2191 AD Category I banks may authorise increased remittances for initial and recurring expenses for overseas branches, offices or representatives under prescribed financial tests, and such authorised remittances may be used by Indian companies with overseas offices to acquire immovable property abroad for business and staff residential purposes, subject to existing terms and any other legal approvals; regulatory amendments will be issued separately. Circulars FEMA Mon, 04 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2191