Fema, 1999

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

esonresidentinIndia Fema

residesinIndia isadays
not evenit
resident isadays
outoIfndiafor3reasons
Gone fortakingupemployment
cometoIndia
forotherthan3reasons forcarryingonbusinessvacation
For other
any reason stayforanuncertainperiod
i ndicating

schedulea prohibited

outoflotterywinnings
remittance

remittance ofincomefromracingridingorany
other
hobby
remittance
forpurchaseoflotteryticketsbannedmagazinesfootballpoolssweepstakesetc
paymentofcommissionon made
exports utinjointventureswholly
equityin
towards owned abroadofIndian
s ubsidiaries companies

Iremittanceofdividendbyanycompanytowhichtherequirementofdividendbalancingisapplicable
1paymentofcommissiononexportsunderRuppe estatecredit
routeexceptcommissionup tolotof inonevalueofexportsofteaatobacco
I paymentrelatedtocallbackservicesoftelephones
remittance
ofinterestincomeonfundsheldinairspecialrupeescheme

dulez priorapprovalofco
che
tours
cultural

advtinforeign media
print exceedingstoooo aso its
by psu
other fortourismforeigninteinternationalbidding
than

1remittanceoffreightofvesselchartedbyapsu
of
payment import ocean
through transport
bya cotDeptorapsuonacarbasis
smulti
modal
transport
operators remittance
making totheiragentsabroad
aremittanceofhiringchargesoftranspondersbyaexchannelsbInternetservice
providers

remittanceofcontainer detention
the
exceeding
charges Generalof
rateprescribedbyDirector s hipping

sremittanceofprizemoney ofsportsactivity byaperson than


sponsorship abroad other levelsportsbodiesitamountsooooo
state
n ational
International

aremittanceformembershipofpreclub

approvalof
chedulesprior RBI approvalnot
requiredit outofresidentforeigncurrencyaid
made
p ayment

d
visits
private to any NepalBhutan
countryexcept

jiff
Giftor donation

s for
abroad employment
Going

eneofcloserelativesabroad
sMaintain
Itravelformeetingspecialisedtrainingcheckupabroadattendanttopatient
1Expensesinconnectiontomedicaltreatmentabroad

Ianyothercurrentatatransaction
onaspecific duration which s
job of t yrs
thatapersonwhoisresidentbut
provided not and
resident
permanently

isaforeigncitizenc thanofPakistan
other
is acitizenofIndia whoisondeputationtoofficeorbranchofforeigncompanyorsubsidiaryorsuinIndiaofsuchforeigncompany

for than
Facilities other individuals

1Donations
exceeding it offoreignexchangeearnings lastseasonssminionwhicheverislessfor
during
creationof
chairsinreputed
educational
institutes

to
contribution funds
by
promoted educationalinstitutes

toatechnicalinstitutionbodyassociationinthe
contribution fieldof
donor company
commission transactionto
per agents abroad forsaleof flats
residential India
plotsin
commercial soooor si ofinward
exceedingsa remittance

3remittanceexceedingstominion forconsultancyinrespectofinfrastructureprojects Prepared by

- Akshay Keswani
si minionforconsultancyinrespectofother projects
exceed
remittances brought sooooo reimbursement incorporation
expenses

You might also like