Repatriation of income and sale proceeds of assets held abroad by NRIs who have returned to India for permanent settlement/acquired abroad through remittances under LRS - Clarification

Last updated: 19 October 2011

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RBI/2011-12/226 A.P. (DIR Series) Circular No. 37 October 19, 2011 To, All Banks Authorised to Deal in Foreign Exchange Madam / Sir, (i) Repatriation of income and sale proceeds of assets held abroad by NRIs who have returned to India for permanent settlement (ii) repatriation of incomeandsale proceeds of assets acquired abroad through remittances under Liberalised Remittance Scheme -Clarification Attention of the Authorised Dealer (AD) banks is invited to sections 6(4) of the Foreig

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Notification No : A.P. (DIR Series) Circular No. 37

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