https://www.taxtmi.com/manuals?id=5905 Remitters under the Liberalised Remittance Scheme must route capital account remittances through a single designated branch of an Authorised Dealer, maintain the remitting bank account for the prescribed minimum period, and, for new customers, submit enhanced due diligence including the previous year's bank statement or Income Tax Assessment Order/Return to verify source of funds. Remitters must furnish Form A-2 declaring the purpose and ownership of funds and confirming funds will not be used for prohibited or regulated purposes under the Scheme. en-us Mon, 25 Nov 2024 12:28:00 +0530 Mon, 25 Nov 2024 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5905 Remitters under the Liberalised Remittance Scheme must route capital account remittances through a single designated branch of an Authorised Dealer, maintain the remitting bank account for the prescribed minimum period, and, for new customers, submit enhanced due diligence including the previous year's bank statement or Income Tax Assessment Order/Return to verify source of funds. Remitters must furnish Form A-2 declaring the purpose and ownership of funds and confirming funds will not be used for prohibited or regulated purposes under the Scheme. Manuals FEMA Mon, 25 Nov 2024 12:28:00 +0530 https://www.taxtmi.com/manuals?id=5905