Taxes and Remittance of sale proceeds

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..... Taxes and Remittance of sale proceeds 12.1 Taxes All transaction under these regulations shall be undertaken through banking channels in India and subject to payment of applicable taxes and other d .....

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..... of shares resident outside India - Provided - (i) the security was held by the seller on repatriation basis; and (ii) either the security has been sold in compliance with the pricing guidelines .....

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