11D.6
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Foreign Born Widows of Indian Nationals
Reserve Bank permits, on a selective basis, remittance facilities to foreign-born widows of Indian nationals who wish to go back to the country of their birth. Applications in such cases should be made in form EMG together with documents specified on the form. In approved cases, the facility for transfer of assets in India will be allowed to such ladies up to Rs.10,00,000/- at the time of leaving India for good and up to Rs.5,00,000/- annually thereafter. This scale will apply to their entire assets and income, if any, arising in India and they will not be eligible for separate remittance facility in respect of their income on assets left behind in India.