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NRO Account Transfer money
My son is a NRI-US CITIZEN. HE HAS INHERITED AGRICULTURAL LAND, & HAS INCOME FROM IT. IT GOES TO NRO ACCOUNT. HOW CAN HE TRANSFER this amount to his NRE ACCOUNT OR TO HIS ACCOUNT IN USA. After all this is legal & non-taxable income. Proceedure to be followed to transfer money?..
Replies (1)
Open SBI NRI account and try transferring that amount from your account to this account so that he can withdraw that amount there. Contact bank marketing and they can explain you further
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