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Taxes and Remittances of Sale Proceeds

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Full Text of the Document

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.... 22. (1) Taxes - All transaction under these rules shall be undertaken through banking channels in India and subject to the payment of applicable taxes and other duties or levies in India. ....

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Full Text of the Document

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....axes) to the seller of shares resident outside India : Provided that - (i) the security was held by the seller on repatriation basis; and (ii) either the security has been s....

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