https://www.taxtmi.com/notifications?id=117737 The amendment adds an explanation to Regulation 4(b) permitting Non Resident Indians to subscribe to chit funds through the banking channel on a non repatriation basis, subject to authorization by the Registrar of Chits or an officer authorised by the State Government in consultation with the State, and to conditions prescribed by the central banking regulator; subscriptions are allowed without numerical limit and the regulation takes effect on publication in the Official Gazette. en-us Mon, 02 Mar 2015 00:00:00 +0530 Sat, 16 May 2015 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117737 The amendment adds an explanation to Regulation 4(b) permitting Non Resident Indians to subscribe to chit funds through the banking channel on a non repatriation basis, subject to authorization by the Registrar of Chits or an officer authorised by the State Government in consultation with the State, and to conditions prescribed by the central banking regulator; subscriptions are allowed without numerical limit and the regulation takes effect on publication in the Official Gazette. Notifications FEMA Mon, 02 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117737