https://www.taxtmi.com/circulars?id=67616 Authorised Dealers must obtain Form A2, physical or digital, for all cross border remittances irrespective of transaction value, replacing prior permissive practice that allowed release of foreign exchange on a simple letter for lower value transactions. The earlier circulars permitting limited documentary requirements are withdrawn. Authorised Dealers must continue to ensure transactions do not contravene the Foreign Exchange Management Act and inform their constituents; the directions are issued under the Act and do not affect other statutory permissions. en-us Wed, 03 Jul 2024 00:00:00 +0530 Thu, 04 Jul 2024 09:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67616 Authorised Dealers must obtain Form A2, physical or digital, for all cross border remittances irrespective of transaction value, replacing prior permissive practice that allowed release of foreign exchange on a simple letter for lower value transactions. The earlier circulars permitting limited documentary requirements are withdrawn. Authorised Dealers must continue to ensure transactions do not contravene the Foreign Exchange Management Act and inform their constituents; the directions are issued under the Act and do not affect other statutory permissions. Circulars FEMA Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67616