https://www.taxtmi.com/notifications?id=3782 Regulations raise the ceiling for annual remittance by NRIs/PIOs to US$ 1,000,000 from NRO account balances, sale proceeds and inherited assets, subject to documentary proof of acquisition or inheritance; instalments must be remitted through the same authorised dealer. Remittances above US$ 1,000,000 per calendar year are addressed separately for legacies or inheritances to non-resident citizens and for NRIs/PIOs from NRO balances or sale proceeds, with a ten-year cumulative holding requirement for immovable property sale proceeds. en-us Tue, 08 Jul 2003 00:00:00 +0530 Wed, 15 Jul 2009 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3782 Regulations raise the ceiling for annual remittance by NRIs/PIOs to US$ 1,000,000 from NRO account balances, sale proceeds and inherited assets, subject to documentary proof of acquisition or inheritance; instalments must be remitted through the same authorised dealer. Remittances above US$ 1,000,000 per calendar year are addressed separately for legacies or inheritances to non-resident citizens and for NRIs/PIOs from NRO balances or sale proceeds, with a ten-year cumulative holding requirement for immovable property sale proceeds. Notifications FEMA Tue, 08 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3782