- 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 Topic
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
Related Topics
CAclubindia
