RBI/2014-15/10
Master Circular No. 6/2014-15
July 1, 2014
To,
All Authorised Persons in Foreign Exchange
Madam / Sir,
Master Circular on Miscellaneous Remittances from India – Facilities for
Residents
Miscellaneous remittance facilities for residents are allowed in terms
of section 5 of the Foreign Exchange Management Act, 1999, read with Government
of India Notification No. G.S.R 381(E) dated May 3, 2000, as amended from time
to time.
- This Master Circular consolidates the existing instructions on the
subject of "Miscellaneous Remittances from India - Facilities for Residents"
at one place. The list of underlying circulars/notifications consolidated in
this Master Circular is furnished in Appendix-1.
- This Master Circular is being updated from time to time as and when the
fresh instructions are issued. The date up to which the Master Circular has
been updated is suitably indicated.
- This Master Circular may be referred to for general guidance. The Authorised Persons and the Authorised Dealer Category – I banks may refer to
respective circulars/ notifications for detailed information, if so needed.
Yours faithfully,
(B.P. Kanungo)
Principal Chief General Manager