https://www.taxtmi.com/notifications?id=13054 Mutual funds are permitted to issue units to NRIs and OCBs and to remit units abroad or make repurchase payments provided they comply with SEBI conditions and that subscription monies are received by inward remittance or debited to authorised non-resident accounts. Distinct rules govern investments on repatriation and non-repatriation bases, and dividend, interest and maturity proceeds must be remitted or credited to specified types of non-resident accounts consistent with the investment basis. Definitions of "Indian origin" and "Overseas Corporate Body" are included. en-us Tue, 30 Mar 1999 00:00:00 +0530 Fri, 11 Apr 2014 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13054 Mutual funds are permitted to issue units to NRIs and OCBs and to remit units abroad or make repurchase payments provided they comply with SEBI conditions and that subscription monies are received by inward remittance or debited to authorised non-resident accounts. Distinct rules govern investments on repatriation and non-repatriation bases, and dividend, interest and maturity proceeds must be remitted or credited to specified types of non-resident accounts consistent with the investment basis. Definitions of "Indian origin" and "Overseas Corporate Body" are included. Notifications Income Tax Tue, 30 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13054