Remittance of Current Income by NRIs.

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Full Text of the Document

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....ome by NRIs. As you are aware, authorised dealers can allow remittance of current income in India by debit to the Non-Resident (Ordinary) Rupee (NRO) accounts of the account holders vide paragraph 3(B)(ii) of Schedule 3 to Notification No. FEMA.5/ 2000-RB dated May 3, 2000 issued under the Foreign Exchange Management Act, 1999. 2. Authorised Dealers may, henceforth, allow repatriation of cur....