NRO funds

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Chartered Accountant
7550 Points Posted on 18 March 2021

Provisions regarding repatriation of NRO funds

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On 18 March 2021 at 00:31 Report
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This discussion clarifies the process for repatriating funds held in Non-Resident Ordinary (NRO) accounts. Currently, individuals are permitted to transfer up to $1 million per financial year from their NRO accounts abroad. This limit applies to the total amount that can be remitted.

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Chartered Accountant
24588 Points Posted on 18 March 2021
Repatriation of NRO funds is the amount you can transmit you held in Non Resident External account
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On 18 March 2021 at 06:19
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17269 Points Posted on 18 March 2021
Repatriation of funds from a Non-Resident Ordinary Account NRO is currently limited to $1 MM per financial year per individual. ...
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On 18 March 2021 at 12:18

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