https://www.taxtmi.com/circulars?id=52279 The Master Circular consolidates FEMA-based remittance facilities for NRIs, PIOs and foreign nationals, defining eligible persons and prescribing conditions for repatriation and remittance of current income, salaries and sale proceeds of assets. Authorised Dealer banks must satisfy themselves on tax compliance, obtain prescribed documentary evidence and Chartered Accountant certificates, apply specified per financial year limits for remittances, enforce nationality-based restrictions for certain asset repatriations, permit re-designation of resident accounts to NRO on exit subject to controls, and observe reporting and procedural formats prescribed by tax authorities. en-us Mon, 01 Jul 2013 00:00:00 +0530 Wed, 10 Jul 2013 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52279 The Master Circular consolidates FEMA-based remittance facilities for NRIs, PIOs and foreign nationals, defining eligible persons and prescribing conditions for repatriation and remittance of current income, salaries and sale proceeds of assets. Authorised Dealer banks must satisfy themselves on tax compliance, obtain prescribed documentary evidence and Chartered Accountant certificates, apply specified per financial year limits for remittances, enforce nationality-based restrictions for certain asset repatriations, permit re-designation of resident accounts to NRO on exit subject to controls, and observe reporting and procedural formats prescribed by tax authorities. Circulars FEMA Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52279