https://www.taxtmi.com/circulars?id=54188 Authorised Dealers may permit specified remittances of funds and asset sale proceeds by foreign nationals, NRIs, PIOs, companies in winding up and closing branch/liaison offices on submission of prescribed documentary evidence and auditor certificates; instalment remittances must be routed through the same AD. Remittances beyond the annual cap or those not covered by AD directions require prior Reserve Bank approval, and all remittances are subject to applicable Indian tax compliance. en-us Fri, 01 Jan 2016 00:00:00 +0530 Sat, 07 May 2016 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54188 Authorised Dealers may permit specified remittances of funds and asset sale proceeds by foreign nationals, NRIs, PIOs, companies in winding up and closing branch/liaison offices on submission of prescribed documentary evidence and auditor certificates; instalment remittances must be routed through the same AD. Remittances beyond the annual cap or those not covered by AD directions require prior Reserve Bank approval, and all remittances are subject to applicable Indian tax compliance. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54188