Hi All,
If a person has India fixed deposit and when he becomes an nri, does he have to convert the fixed deposits to nro deposits? Or the person will have to close the fixed deposits and then invest in nro deposits?
Thanks in advance.
Sandip Ghosh (25 Points)
20 May 2023Hi All,
If a person has India fixed deposit and when he becomes an nri, does he have to convert the fixed deposits to nro deposits? Or the person will have to close the fixed deposits and then invest in nro deposits?
Thanks in advance.
prasad Nilugal
( GST Practitioner & Accounts )
(14167 Points)
Replied 20 May 2023
sabyasachi mukherjee
(26067 Points)
Replied 21 May 2023
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