https://www.taxtmi.com/circulars?id=12106 The revised MTSS guidelines under FEMA permit only inward personal remittances to individual beneficiaries via authorised Indian Agents tied to Overseas Principals, prescribe selective authorisation criteria (eligible applicant types, minimum Net Owned Funds, documentation, collateral), impose limits on cash disbursements and per beneficiary receipts, require Indian Agents to supervise Sub Agents, and mandate comprehensive KYC/AML/CFT controls and CTR/STR reporting under the PMLA, with ten year record retention and RBI inspection powers. en-us Tue, 12 Mar 2013 00:00:00 +0530 Wed, 13 Mar 2013 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=12106 The revised MTSS guidelines under FEMA permit only inward personal remittances to individual beneficiaries via authorised Indian Agents tied to Overseas Principals, prescribe selective authorisation criteria (eligible applicant types, minimum Net Owned Funds, documentation, collateral), impose limits on cash disbursements and per beneficiary receipts, require Indian Agents to supervise Sub Agents, and mandate comprehensive KYC/AML/CFT controls and CTR/STR reporting under the PMLA, with ten year record retention and RBI inspection powers. Circulars FEMA Tue, 12 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=12106