TMI BlogMeeting of Medical expenses of NRIs close relatives by Resident Individuals.X X X X Extracts X X X X X X X X Extracts X X X X ..... (AD) banks is invited to para 2 of the Notification No. FEMA 16/RB-2000 dated May 3, 2000 viz. Receipt from and Payment to, a Person Resident Outside India, as amended from time to time, in terms of which a resident may make payment in rupees towards meeting expenses on account of boarding, lodging and services related thereto or travel to and from and within India of a person resident outside I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4. AD banks may bring the contents of this circular to the notice of their constituents and customers concerned. 5. The directions contained in this circular have been issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions/approvals, if any, required under any other law. Yours faithfully, (Meena Hemchan ..... X X X X Extracts X X X X X X X X Extracts X X X X
|