https://www.taxtmi.com/circulars?id=4123 Master Circular consolidates RBI rules permitting remittance of current income and limited repatriation of balances and sale proceeds by NRIs/PIOs and eligible foreign nationals, subject to documentary evidence, remitter undertakings and Chartered Accountant certification in prescribed formats. Repatriation of residential property sale proceeds purchased with foreign exchange is allowed to the extent of original foreign exchange payment and limited to two properties. Authorised dealers must verify compliance, preserve documents, refuse deficient transactions, and report suspected contraventions; certain nationalities are excluded from specific remittance facilities. en-us Thu, 21 Feb 2008 00:00:00 +0530 Sat, 18 Oct 2008 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4123 Master Circular consolidates RBI rules permitting remittance of current income and limited repatriation of balances and sale proceeds by NRIs/PIOs and eligible foreign nationals, subject to documentary evidence, remitter undertakings and Chartered Accountant certification in prescribed formats. Repatriation of residential property sale proceeds purchased with foreign exchange is allowed to the extent of original foreign exchange payment and limited to two properties. Authorised dealers must verify compliance, preserve documents, refuse deficient transactions, and report suspected contraventions; certain nationalities are excluded from specific remittance facilities. Circulars FEMA Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4123