Transfer of funds out of country by Expatriat

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Divya Chadha (Querist)
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20 May 2009 Can some one please let me know the procedure for transferring the funds out of country by an expatriat at the time of leaving the country .

In this case the person is a United Nations International employee (at present serving in India and he is moving out of India as he has shifted job and joined another UN agency.

He wants to close his INR account here in which he was receiving part of his salary and transfer all his funds to his account in Canada(He is a canadian national. Under the UN immunities & preventions act he is not required to pay any tax but what are the formalities to transfer the money to his canadian account?

Thank You

taxindiaconnect

taxindiaconnect (Expert)
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20 May 2009 I am not a right person to answer this query, however I can guide to find the right person. You need to check with the bank where the account of this person is maintained and they will let you know the entire proceedure for trasfer of funds.

Divya Chadha

Divya Chadha (Querist)
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21 May 2009 Thanks so much. I did check with the bank and they informed me that form A2 of FEMA is required to be filled in by him plus a certificate is required from the CA. However they don't have the format of the certificate to be provided by CA. There is a "FORM & APPLICATION FOR REMITTANCE U/S 195 OF THE INCOME TAX ACT" but I am not sure if I use the same for an expatriat also.

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