https://www.taxtmi.com/forum/issue?id=2220 OBR filings are not required under FEMA; the OBR obligation was a former statutory requirement under FERA for opening an office abroad. Remittances of foreign exchange and acquisitions of immovable property overseas are governed by separate regulations, and one must comply with the specific rules applicable to those purposes before remitting funds to a foreign representative or acquiring property abroad. en-us Sat, 11 Sep 2010 15:19:59 +0530 Thu, 23 Jan 2025 15:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2220 OBR filings are not required under FEMA; the OBR obligation was a former statutory requirement under FERA for opening an office abroad. Remittances of foreign exchange and acquisitions of immovable property overseas are governed by separate regulations, and one must comply with the specific rules applicable to those purposes before remitting funds to a foreign representative or acquiring property abroad. Discussion-Forum FEMA Sat, 11 Sep 2010 15:19:59 +0530 https://www.taxtmi.com/forum/issue?id=2220