11A.10
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Reserve Bank Approval Pre-requisite for Remittances
Reserve Bank may refuse permission for remittances outside India on account of profits, dividends, etc. earned by foreign companies or on account of savings, family maintenance, etc. by foreign nationals not permanently resident in India unless necessary permission under Sections 28, 29, 30 or 31 of FERA 1973, as appropriate, has been obtained by them