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Import of gold and silver into India is regulated under the Export Import Policy of the Government of India in force) REMITTANCES Q. Whether the pension payable in India to NRI can be Remitted abroad?

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Import of gold and silver into India is regulated under the Export Import Policy of the Government of India in force) REMITTANCES Q. Whether the pension payable in India to NRI can be Remitted abroad?

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Ans. Yes. Authorised dealers can permit remittance of pension to NRIs provided the person concerned has no other income in India. If, however, the NRI has any other income in India, the amount of pension should be credited to his NRO account and his net income including pension is allowed to be remitted after payment of applicable taxes.

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