https://www.taxtmi.com/article/detailed?id=12062 Remittance of assets outside India is broadly defined to include deposits, provident and superannuation benefits, insurance proceeds, and sale proceeds of shares, securities and immovable property. A general prohibition prevents remittances of assets held in India unless permitted by the Reserve Bank or an authorized dealer under specified regulations. Authorized pathways permit limited repatriation by NRIs, PIOs, certain foreign citizens, students and for liquidation or winding up, subject to documentary evidence, auditor certificates, undertakings and RBI directions; all remittances remain subject to applicable tax laws. en-us Thu, 23 Nov 2023 09:56:38 +0530 Thu, 23 Nov 2023 09:56:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12062 Remittance of assets outside India is broadly defined to include deposits, provident and superannuation benefits, insurance proceeds, and sale proceeds of shares, securities and immovable property. A general prohibition prevents remittances of assets held in India unless permitted by the Reserve Bank or an authorized dealer under specified regulations. Authorized pathways permit limited repatriation by NRIs, PIOs, certain foreign citizens, students and for liquidation or winding up, subject to documentary evidence, auditor certificates, undertakings and RBI directions; all remittances remain subject to applicable tax laws. Articles FEMA - Foreign Exchange Management Thu, 23 Nov 2023 09:56:38 +0530 https://www.taxtmi.com/article/detailed?id=12062