With globalisation, cross border financial transactions are common including payment/remittance of money from India...

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Source: https://www.slohia.com/service/nri-15ca-and-15cb-for-nris-ocis-residents-remittance-payment-to-non-residents/

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With globalisation, cross border financial transactions are common including payment/remittance of money from India to Abroad. In case of NRIs, Other Non-residents, general transactions are repatriation from NRO account to NRE/Foreign Bank Account. Under the banking system, these transactions are regulated through certain Income tax and RBI provisions. Under Income Tax Provisions, generally, Payment or Remittance of Money happens in following two categories:

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