https://www.taxtmi.com/article/detailed?id=483 Remittance facilities for non-residents operate under Section 6 of FEMA and related notifications, requiring Reserve Bank-specified permissibility and limits. Authorized dealer banks may permit repatriation of current income and sale proceeds of immovable property subject to prescribed ceilings, documentary evidence, remitter undertakings and Chartered Accountant certificates; credits to NRE/FCNR/NRO accounts are regulated by origin of funds and tax compliance. Specific procedural conditions and nationality-based exclusions apply, and authorized dealers must satisfy transaction genuineness before permitting remittances. en-us Wed, 09 Sep 2009 00:00:00 +0530 Thu, 10 Sep 2009 09:13:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=483 Remittance facilities for non-residents operate under Section 6 of FEMA and related notifications, requiring Reserve Bank-specified permissibility and limits. Authorized dealer banks may permit repatriation of current income and sale proceeds of immovable property subject to prescribed ceilings, documentary evidence, remitter undertakings and Chartered Accountant certificates; credits to NRE/FCNR/NRO accounts are regulated by origin of funds and tax compliance. Specific procedural conditions and nationality-based exclusions apply, and authorized dealers must satisfy transaction genuineness before permitting remittances. Articles FEMA - Foreign Exchange Management Wed, 09 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=483