What are the assets out of/ from which funds may be remitted and by whom?

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..... sets from a person referred to in Sec 6(5)1 of FEMA 3. The person is a non-resident widow/ widower and has inherited assets from her/ his deceased spouse who was an Indian national resident in India. May remit up to USD 1 Million in a financial year 1. From the balances of NRO account - subject to declaration* 2. Sale proceeds of assets 3. Assets acquired from legacy/ inheritance/ deed of .....

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