https://www.taxtmi.com/circulars?id=54188 Remittance of assets outside India is governed by FEMA regulations and Reserve Bank directions to authorised dealers. The directions define remittance of assets and related categories, permit specified remittances by foreign nationals, NRIs and PIOs within prescribed limits and conditions, and set out documentary requirements for companies under liquidation and branch or office closures. Prior Reserve Bank approval is required for remittances above the stated limit, in hardship cases, and for other unlisted remittances. All remittances are subject to applicable taxes in India. en-us Fri, 01 Jan 2016 00:00:00 +0530 Tue, 30 Jun 2026 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54188 Remittance of assets outside India is governed by FEMA regulations and Reserve Bank directions to authorised dealers. The directions define remittance of assets and related categories, permit specified remittances by foreign nationals, NRIs and PIOs within prescribed limits and conditions, and set out documentary requirements for companies under liquidation and branch or office closures. Prior Reserve Bank approval is required for remittances above the stated limit, in hardship cases, and for other unlisted remittances. All remittances are subject to applicable taxes in India. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54188