https://www.taxtmi.com/news?id=13762 Payments of dividends and profits to non-resident shareholders and dividends repatriated by Indian companies abroad are classified as Investment Income in the Current Account of the Balance of Payments; since 1994, under Article VIII of the IMF, all current transactions are fully convertible, making such repatriation and income flows subject to convertibility under the external accounts framework. en-us Sat, 20 Dec 2014 10:08:25 +0530 Sat, 20 Dec 2014 10:08:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13762 Payments of dividends and profits to non-resident shareholders and dividends repatriated by Indian companies abroad are classified as Investment Income in the Current Account of the Balance of Payments; since 1994, under Article VIII of the IMF, all current transactions are fully convertible, making such repatriation and income flows subject to convertibility under the external accounts framework. News - Sat, 20 Dec 2014 10:08:25 +0530 https://www.taxtmi.com/news?id=13762