https://www.taxtmi.com/acts?id=20765 Prohibition on remittance of assets held in India prevents any person, resident or non-resident, from remitting out of India any asset held in India by them or by any other person, except as otherwise provided by the Act, rules, or regulations, or where the Reserve Bank, for sufficient reasons, permits such remittance. en-us Thu, 07 Apr 2016 11:53:46 +0530 Tue, 17 Jun 2025 11:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20765 Prohibition on remittance of assets held in India prevents any person, resident or non-resident, from remitting out of India any asset held in India by them or by any other person, except as otherwise provided by the Act, rules, or regulations, or where the Reserve Bank, for sufficient reasons, permits such remittance. Act-Rules FEMA Thu, 07 Apr 2016 11:53:46 +0530 https://www.taxtmi.com/acts?id=20765