What are the assets out of/ from which funds may be remitted and by whom? https://www.taxtmi.com/manuals?id=6375 Permitted remitters under FEMA include foreign nationals of non Indian origin (other than Nepal/Bhutan/PIO), NRIs/PIOs, Indian entities, and branches established in India by non residents; remittances up to USD 1 Million in a financial year are allowed from NRO account balances (subject to an undertaking), sale proceeds of assets, and assets arising from legacy, inheritance or deed of settlement. Employers may remit contributions for expatriate pension arrangements and entities may remit winding up proceeds on production of requisite documents. en-us Tue, 10 Dec 2024 14:52:00 +0530 Tue, 10 Dec 2024 14:56:00 +0530 TaxTMI RSS Generator What are the assets out of/ from which funds may be remitted and by whom? https://www.taxtmi.com/manuals?id=6375 Permitted remitters under FEMA include foreign nationals of non Indian origin (other than Nepal/Bhutan/PIO), NRIs/PIOs, Indian entities, and branches established in India by non residents; remittances up to USD 1 Million in a financial year are allowed from NRO account balances (subject to an undertaking), sale proceeds of assets, and assets arising from legacy, inheritance or deed of settlement. Employers may remit contributions for expatriate pension arrangements and entities may remit winding up proceeds on production of requisite documents. Manuals FEMA Tue, 10 Dec 2024 14:52:00 +0530 https://www.taxtmi.com/manuals?id=6375