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What is the procedure for sale/ transfer with repatriation benefits?

April 26, 2017Benefits for sale procedure Repatriation transfer

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What is the procedure for sale/ transfer with repatriation benefits?

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In the case of shares/ debentures/ bonds acquired by NRIs through stock exchanges under the Portfolio Investment Scheme, transfer can be done through stock exchanges provided the sale is arranged through the same designated branch through which they were purchased with requisite approval and both RPI and NRI permission are acquired .