Regulation 5 - Permission to an Indian entity to remit funds in certain cases - Foreign Exchange Management (Remittance of Assets) Regulations, 2016

5. Permission to an Indian entity to remit funds in certain cases:- (1) An entity in India may remit the amount being its contribution towards the provident fund/ superannuation/ pension fund in respect of the expatriate staff in its employment who are resident in India but not permanently resident therein. Explanation : For the purpose of this Regulation, - (a) 'expatriate staff' means a person whose provident/ superannuation/ pension fund is maintained outside India by his principal employer outside India; (b) not permanently resident' means a person resident in India for employment of a specified duration (irrespective of length thereof) or for a specific job or assignment, the duration of which does not exceed three years.