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Can assets held in India by NRIs prior to their becoming non-resident be repatriated outside India?

April 26, 2017assets held India non-resident NRIs outside prior repatriated

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Can assets held in India by NRIs prior to their becoming non-resident be repatriated outside India?

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• No. • Can NRIs take out of India household articles such as carpets, curios, etc. purchased out of funds in NRO accounts during their temporary visit to India? • Yes. RBI permits on application such requests received from NRIs up to the value of Rs. 20,000 for such articles (other than those made of gold or silver or those banned for export). • Can NRIs settle their hotel bills in India in Indian rupees? • Yes.