https://www.taxtmi.com/notifications?id=118579 A resident entitled to foreign exchange must realise and repatriate it to India and must not delay or frustrate receipt. Repatriation may be effected by selling to an authorised person for rupees, holding with an authorised dealer as specified by the Reserve Bank, or using it to discharge foreign-currency liabilities in the manner specified. Receipts in rupees from overseas bank or exchange house accounts maintained with an authorised dealer are deemed repatriation. Time-limited surrender obligations apply to non-individual residents and to resident individuals, with an exemption for Nepalese and Bhutanese currency. en-us Tue, 29 Dec 2015 00:00:00 +0530 Fri, 01 Jan 2016 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118579 A resident entitled to foreign exchange must realise and repatriate it to India and must not delay or frustrate receipt. Repatriation may be effected by selling to an authorised person for rupees, holding with an authorised dealer as specified by the Reserve Bank, or using it to discharge foreign-currency liabilities in the manner specified. Receipts in rupees from overseas bank or exchange house accounts maintained with an authorised dealer are deemed repatriation. Time-limited surrender obligations apply to non-individual residents and to resident individuals, with an exemption for Nepalese and Bhutanese currency. Notifications FEMA Tue, 29 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118579