https://www.taxtmi.com/circulars?id=52627 Rupee Drawing Arrangements with non-resident exchange houses are expanded to include additional permitted transactions through vostro accounts while retaining their focus on personal remittances and preserving the prohibition on routing donations. The amendment expressly permits payments to utility service providers in India, tax payments in India, and EMI repayments to banks and NBFCs, alongside pre-existing permitted items such as credits to non-resident rupee accounts, family payments, insurance and investment premia, education and medical expenses, hotel and travel bookings, and limited trade transactions, with all other instructions remaining operative. en-us Thu, 09 Jan 2014 00:00:00 +0530 Thu, 09 Jan 2014 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52627 Rupee Drawing Arrangements with non-resident exchange houses are expanded to include additional permitted transactions through vostro accounts while retaining their focus on personal remittances and preserving the prohibition on routing donations. The amendment expressly permits payments to utility service providers in India, tax payments in India, and EMI repayments to banks and NBFCs, alongside pre-existing permitted items such as credits to non-resident rupee accounts, family payments, insurance and investment premia, education and medical expenses, hotel and travel bookings, and limited trade transactions, with all other instructions remaining operative. Circulars FEMA Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52627