How funds can be remitted outside India?

For NRE accounts: Transfer of funds from an NRE is freely permitted, subject to payment of taxes, as applicable.

For NRO accounts: Transfer of funds is permitted within the overall ceiling of USD one million or equivalent per financial year (April – March), subject to payment of taxes, as applicable. You need to submit Form 15CA (online application form) and 15CB (Chartered Accountant Application) to your Branch for transferring funds.