Fera/fema

Razia (Querist) 27 November 2012 This query is : Resolved
Is it legal for an NRI to remit money to his constituted POA for expenses incurred/ to be incurred by him for various purposes? What are the legal ramifications under FERA/FEMA?

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Raj Kumar Makkad (Expert) 27 November 2012
This is entirely an academic query not required to be replied.

R.K Nanda (Expert) 28 November 2012
yes, it is legal but there is some limit for
it.

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