Restriction to deposit foreign currency into nri account

Balaji M (Officer Accounts) (48 Points)

03 August 2016  

Hi friends,

I am an NRI. I heared that now many bank not accepting the deposits of foreign currency from other countries into Indian NRI account as they need Tax clearance of employee from the country where they are residing. Please let me have any circular / notification on this. Till june 2016 nothing like this. Its happening from last month. Any one please clarrify.

Regards

M Balaji