Fund transfer to NRI as a gift from father in law
This query is : Resolved
10 November 2021
Can Father in law transfer money to a NRI ? what are the formalities to follow? 15 CA /CB is required? Kindly guide me.
Thanks
Thanks
10 November 2021
Yes, transfer it as gift to relative. 15CA and 15CB not required. Transfer it under liberalised remittance scheme.
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