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    <title>Taxes and Remittance of sale Proceeds</title>
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    <description>Transactions in debt instruments must be undertaken through Indian banking channels and are subject to applicable taxes. Remittance of sale proceeds to non residents is allowed only under the Regulations and relevant Schedule; an authorised dealer may remit proceeds net of taxes if the instrument was held on a repatriation basis or where Reserve Bank approval for sale and remittance has been obtained, and authorised dealers may permit remittances for permitted derivatives transactions.</description>
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      <description>Transactions in debt instruments must be undertaken through Indian banking channels and are subject to applicable taxes. Remittance of sale proceeds to non residents is allowed only under the Regulations and relevant Schedule; an authorised dealer may remit proceeds net of taxes if the instrument was held on a repatriation basis or where Reserve Bank approval for sale and remittance has been obtained, and authorised dealers may permit remittances for permitted derivatives transactions.</description>
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