https://www.taxtmi.com/notifications?id=3795 Regulation 5 is amended to permit as admissible credits the proceeds of life insurance policy claims, maturities and surrender values settled in foreign currency from an insurance company in India permitted by the Insurance Regulatory and Development Authority. Regulation 5A replaces 'A person resident in India' with 'A resident Individual' and adds an equivalent provision listing such life insurance foreign currency earnings as permissible receipts for resident individuals. en-us Thu, 01 Jan 2004 00:00:00 +0530 Wed, 15 Jul 2009 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3795 Regulation 5 is amended to permit as admissible credits the proceeds of life insurance policy claims, maturities and surrender values settled in foreign currency from an insurance company in India permitted by the Insurance Regulatory and Development Authority. Regulation 5A replaces 'A person resident in India' with 'A resident Individual' and adds an equivalent provision listing such life insurance foreign currency earnings as permissible receipts for resident individuals. Notifications FEMA Thu, 01 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3795