https://www.taxtmi.com/notifications?id=115845 Regulation 4(a) permits a resident individual to draw foreign exchange up to USD 75,000 per financial year for specified capital account transactions, subject to applicable foreign exchange law. Overseas immovable property acquisition remittances are prohibited under this facility, while gift and donation remittances are included within the same annual limit. Drawals exceeding the annual threshold remain governed by transaction-specific limits. The facility cannot be used directly or indirectly for remittances to Financial Action Task Force-notified non-cooperative countries and territories. en-us Wed, 14 Aug 2013 00:00:00 +0530 Thu, 10 Sep 2026 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=115845 Regulation 4(a) permits a resident individual to draw foreign exchange up to USD 75,000 per financial year for specified capital account transactions, subject to applicable foreign exchange law. Overseas immovable property acquisition remittances are prohibited under this facility, while gift and donation remittances are included within the same annual limit. Drawals exceeding the annual threshold remain governed by transaction-specific limits. The facility cannot be used directly or indirectly for remittances to Financial Action Task Force-notified non-cooperative countries and territories. Notifications FEMA Wed, 14 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=115845