https://www.taxtmi.com/news?id=17196 The Reserve Bank of India has introduced a facility to exchange specified bank notes for Indian citizens and NRIs who were abroad during 9 November 2016 to 30 December 2016. Residents may exchange between 2 January and 31 March 2017 without a monetary cap; NRIs may exchange between 2 January and 30 June 2017 subject to FEMA limits. Exchanges are permitted once per individual on submission of identity and documentary proof, with admissible amounts credited to the tenderer's KYC compliant bank account; third party tender is not accepted and certain resident nationals are excluded. en-us Mon, 02 Jan 2017 14:06:05 +0530 Mon, 02 Jan 2017 14:06:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17196 The Reserve Bank of India has introduced a facility to exchange specified bank notes for Indian citizens and NRIs who were abroad during 9 November 2016 to 30 December 2016. Residents may exchange between 2 January and 31 March 2017 without a monetary cap; NRIs may exchange between 2 January and 30 June 2017 subject to FEMA limits. Exchanges are permitted once per individual on submission of identity and documentary proof, with admissible amounts credited to the tenderer's KYC compliant bank account; third party tender is not accepted and certain resident nationals are excluded. News - Mon, 02 Jan 2017 14:06:05 +0530 https://www.taxtmi.com/news?id=17196