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APPLICATION for REPATRIATION of FUNDS Investment Form

APPLICATION for REPATRIATION of FUNDS Investment Form

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Instructions and help about APPLICATION FOR REPATRIATION OF FUNDS Investment

hello everyone I am Advocate sanit from NRI legal services today we are going to be discussing about the foreign exchange and management act with an emphasis on repatriation of funds from India to abroad as well as its tax implications we get a lot of questions about the topic that we are going to be discussing today therefore I will try to simplify these complex procedures for you the foreign exchange and management act which is commonly referred to as femma is is an Indian law that was enacted in 1999 the purpose of femma is to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade of and payments promoting the orderly development and maintenance of the Foreign Exchange Market in India and regulating the capital account transactions Under femma The Reserve Bank of India or the RBI has the power to regulate foreign exchange transactions in IND India the RBI is responsible for the administration of femma and has the authority to mak

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