Remmitence by an nri


This query is : Resolved 

(Querist)
30 March 2015 sir,
can an NRI remit any amount to his/her resident's country without any Restrictions which is accrue or arise in india in indian currency?

if there is any restriction?

30 March 2015 if non resident earns income accruing or arising in india then it is taxable in india subject to basic slab exemption

Deepak (Querist)
02 April 2015 sir,
i want to say can NRI remit any amount without limit to his/her resident country

02 April 2015 there is limit for all current account and capital account transaction mentioned in FEMA act 1999


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