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June 2016

A. P. (DIR Series) Circular No. 70 dated May 19, 2016

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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Money Transfer Service Scheme – Submission of statement/returns under XBRL

This circular states that all Authorized Persons, who are Indian Agents under Money Transfer Service Scheme (MTSS) have to submit the statement on quantum of remittances from the quarter ending June 2016 in eXtensible Business Reporting Language (XBRL) system which can be accessed at https://secweb.rbi.org.in/orfsxbrl/.

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