https://www.taxtmi.com/manuals?id=2897 Applications for remittance of assets on closure or winding up of a foreign resident's branch/office must be filed with the authorised dealer and supported by RBI permission copy (if applicable), an auditor's certificate detailing remittable amount and liabilities, confirmation of no pending legal proceedings, and a Registrar of Companies report where winding up is involved; the authorised dealer may permit remittance subject to Reserve Bank directions. Remittances above the prescribed annual threshold for legacy, inheritance or NRO-related transfers, and hardship remittances, require prior Reserve Bank permission subject to terms and conditions. en-us Tue, 20 Jun 2023 17:27:00 +0530 Wed, 18 Feb 2026 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2897 Applications for remittance of assets on closure or winding up of a foreign resident's branch/office must be filed with the authorised dealer and supported by RBI permission copy (if applicable), an auditor's certificate detailing remittable amount and liabilities, confirmation of no pending legal proceedings, and a Registrar of Companies report where winding up is involved; the authorised dealer may permit remittance subject to Reserve Bank directions. Remittances above the prescribed annual threshold for legacy, inheritance or NRO-related transfers, and hardship remittances, require prior Reserve Bank permission subject to terms and conditions. Manuals FEMA Tue, 20 Jun 2023 17:27:00 +0530 https://www.taxtmi.com/manuals?id=2897