https://www.taxtmi.com/circulars?id=52288 Authorised Dealers may permit outward remittances by resident individuals for specified current and permitted capital transactions under the Foreign Exchange Management Act and Rules, subject to prescribed ceilings, self declaration or documentary requirements, KYC/AML compliance, record retention, refusal/reporting obligations for suspicious transactions, and reporting of remittances (including those under the Liberalised Remittance Scheme) to the Reserve Bank. The Circular also sets rules for sale, surrender and retention of foreign exchange, operation of Resident Foreign Currency accounts, treatment of prepaid and payment cards, and conditions where prior government or Reserve Bank approval is required. en-us Mon, 01 Jul 2013 00:00:00 +0530 Thu, 11 Jul 2013 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52288 Authorised Dealers may permit outward remittances by resident individuals for specified current and permitted capital transactions under the Foreign Exchange Management Act and Rules, subject to prescribed ceilings, self declaration or documentary requirements, KYC/AML compliance, record retention, refusal/reporting obligations for suspicious transactions, and reporting of remittances (including those under the Liberalised Remittance Scheme) to the Reserve Bank. The Circular also sets rules for sale, surrender and retention of foreign exchange, operation of Resident Foreign Currency accounts, treatment of prepaid and payment cards, and conditions where prior government or Reserve Bank approval is required. Circulars FEMA Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52288