- From now on NRI’s shall be permitted to open NRE/FCNR(B) account JOINTLY with their CLOSE RELATIVES.
- Also NRI’s can be joint holder in resident bank accounts of persons living in India.
- Sale proceeds of Investments (FDI) by NRI’s can now be directly credited to NRE/FCNR(B) Account.
- Limit for transfer without RBI approval, of any security including shares/convertible debentures by way of gift by Indian resident to NRI has been increased to 50,000USD.
Menu
Good news for nri’s
Replies (1)
Thanks for the info.....
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
