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<p>CEFC issued to the beneficiaries for the Remittances received from abroad and to be paid in Local Currency. Moreover, it is advised that there is no restriction from State Bank for issuance of “Certificate of Encashment of Foreign Currency” against these remittances. What tax benefits derived from such remittances.</p>
Certificate of Encashment of Foreign Currency” is issued to the beneficiaries for the Remittances received from abroad . Moreover, it is advised that there is no restriction from State Bank for issuance of “Certificate of Encashment of Foreign Currency” against these remittances.
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