J B Goel
(Querist) 27 March 2013
This query is : Resolved
i am retired officer.i want to do business in uk and for this purpose, i want to remit GBP 2,10,000 in my name to uk. pl advise the procedure j b goel
Raj Kumar Makkad
(Expert) 28 March 2013
Being a businessman, you can easily appoint a lawyer for this purpose instead of availing services of a charity site.
R.K Nanda
(Expert) 28 March 2013
contact local lawyer.
ajay sethi
(Expert) 28 March 2013
since you want to remit susbtantial sum of money abroad advisable to consult your CA for said purpose .
Guest
(Expert) 28 March 2013
Necessary permission of the RBI would be necessary, which is subject to certain prohibitions. Any remittance or receipt to & from a foreign country is regulated by the Foreign Exchange Management Act (FEMA).
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup