https://www.taxtmi.com/acts?id=37920 Rule 22 requires that transactions in sale proceeds of Indian securities be carried out through banking channels and subject to applicable taxes. Remittance to non-resident sellers is allowed only under these rules, relevant Schedule conditions and regulatory specifications. An authorised dealer may remit net sale proceeds to a non-resident seller provided the security was held on a repatriation basis and the sale either complies with pricing guidelines or has prior regulatory approval for sale and remittance. en-us Sat, 19 Oct 2019 16:22:39 +0530 Thu, 29 May 2025 15:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37920 Rule 22 requires that transactions in sale proceeds of Indian securities be carried out through banking channels and subject to applicable taxes. Remittance to non-resident sellers is allowed only under these rules, relevant Schedule conditions and regulatory specifications. An authorised dealer may remit net sale proceeds to a non-resident seller provided the security was held on a repatriation basis and the sale either complies with pricing guidelines or has prior regulatory approval for sale and remittance. Act-Rules FEMA Sat, 19 Oct 2019 16:22:39 +0530 https://www.taxtmi.com/acts?id=37920