https://www.taxtmi.com/circulars?id=54192 Miscellaneous current account remittance facilities are governed by FEMA, the Current Account Transactions Rules, and RBI directions to authorised dealer banks and authorised persons. The framework covers release of foreign exchange, card usage, surrender and retention of unspent foreign exchange, travel and salary remittances, medical payments for NRI close relatives, and remittances by other persons for gifts, donations, consultancy, pre-incorporation expenses, technical collaboration, trademarks, franchises, and tour arrangements. It also preserves prohibitions on lottery-related remittances, Nepal and Bhutan transactions, and other prohibited current account uses, while requiring declarations, Form A2, document retention, KYC compliance, and tax-law observance. en-us Fri, 01 Jan 2016 00:00:00 +0530 Thu, 07 May 2026 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54192 Miscellaneous current account remittance facilities are governed by FEMA, the Current Account Transactions Rules, and RBI directions to authorised dealer banks and authorised persons. The framework covers release of foreign exchange, card usage, surrender and retention of unspent foreign exchange, travel and salary remittances, medical payments for NRI close relatives, and remittances by other persons for gifts, donations, consultancy, pre-incorporation expenses, technical collaboration, trademarks, franchises, and tour arrangements. It also preserves prohibitions on lottery-related remittances, Nepal and Bhutan transactions, and other prohibited current account uses, while requiring declarations, Form A2, document retention, KYC compliance, and tax-law observance. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54192