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Back to Top of Index Question-59: Is remittance of interest/dividend to NRI investors freely allowed under the 40% Scheme ?

April 26, 2017allowed dividend freely index investors NRI remittance Scheme

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Back to Top of Index Question-59: Is remittance of interest/dividend to NRI investors freely allowed under the 40% Scheme ?

1 Answer

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Yes. There is no ceiling or restriction on the amount of remittable dividend. Remittance of interest/dividend to NRI investors will be allowed by authorised dealers under the powers delegated to them.