Remmitence by an nri

This query is : Resolved 

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

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



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries