Query on FEMA

Knowledge resource 553 views 1 replies

Dear Friends,

what is the per year transfer limit under FEMA?

Replies (1)

The Limit will be dependant on different things. What are you looking for. For example a Non resident Indian /PIO can transfer 1 million US dollar per financial year out of RUPEE balance held in NRO account. 

You may Liberalised remittance scheme as well. 

Specific query shall be helpful.

Regards,

CA. Sudha G. Bhushan

sudhag999 @ gmail.com


CCI Pro

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