https://www.taxtmi.com/acts?id=20769 A person seeking to remit assets abroad in specified cases must obtain Reserve Bank's prior permission. The cases include remittances for legacy, bequest or inheritance to foreign-resident beneficiaries and remittances by NRIs or PIOs from NRO balances, sale proceeds or inherited assets where the remittance exceeds the regulation's threshold, as well as remittances on grounds of hardship; the Reserve Bank may permit such remittances subject to terms and conditions. en-us Thu, 07 Apr 2016 11:55:15 +0530 Tue, 17 Jun 2025 11:41:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20769 A person seeking to remit assets abroad in specified cases must obtain Reserve Bank's prior permission. The cases include remittances for legacy, bequest or inheritance to foreign-resident beneficiaries and remittances by NRIs or PIOs from NRO balances, sale proceeds or inherited assets where the remittance exceeds the regulation's threshold, as well as remittances on grounds of hardship; the Reserve Bank may permit such remittances subject to terms and conditions. Act-Rules FEMA Thu, 07 Apr 2016 11:55:15 +0530 https://www.taxtmi.com/acts?id=20769