Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2015

FEMA - 46 - Dated:- 4-2-2016 - RBI/2015-16/311 A.P. (DIR Series) Circular No.46/2015-16 [(1)/9(R)] February 04, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam/ Sir Attention of Authorised Dealers (ADs) is invited to notified vide Notification No. FEMA. 9(R)/2015-RB dated December 29, 2015, c.f. G.S.R. No.1005(E) dated December 29, 2015, which supersedes the Foreign Exchange Management (Realisation, repatriation and surrender of foreign exchange) Regulations, 2000 and all .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r refrain from doing anything, or take or refrain from taking any action, which has the effect of securing - that the receipt by him of the whole or part of that foreign exchange is delayed; or that the foreign exchange ceases in whole or in part to be receivable by him. B. Manner of Repatriation :- (1) On realisation of foreign exchange due, a person shall repatriate the same to India, namely bring into, or receive in, India and - sell it to an authorised person in India in exchange for rupees; .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

sed dealer. C. Period for surrender of realised foreign exchange:- A person not being an individual resident in India shall sell the realised foreign exchange to an authorised person, within the period specified below :- foreign exchange due or accrued as remuneration for services rendered, whether in or outside India, or in settlement of any lawful obligation, or an income on assets held outside India, or as inheritance, settlement or gift, within seven days from the date of its receipt; in all .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the Act or the rules or regulations or direction or order made thereunder, shall surrender such foreign exchange or the unused portion thereof to an authorised person within a period of sixty days from the date of its acquisition or purchase by him. (2) Notwithstanding anything contained in sub-regulation (1), where the foreign exchange acquired or purchased by any person not being an individual resident in India from an authorised person is for the purpose of foreign travel, then, the unspent b .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version