https://www.taxtmi.com/circulars?id=52976 The Liberalised Remittance Scheme for resident individuals is clarified to permit use for acquisition of immovable property abroad, and the prior post facto reporting requirement applicable to such remittances is withdrawn; these directions are issued under the Foreign Exchange Management Act and remain subject to any other statutory permissions or approvals. en-us Mon, 11 Aug 2014 00:00:00 +0530 Thu, 14 Aug 2014 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52976 The Liberalised Remittance Scheme for resident individuals is clarified to permit use for acquisition of immovable property abroad, and the prior post facto reporting requirement applicable to such remittances is withdrawn; these directions are issued under the Foreign Exchange Management Act and remain subject to any other statutory permissions or approvals. Circulars FEMA Mon, 11 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52976