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would be required to be reported appropriately in the relevant section of the tax return form. As per the provisions of Fema, NRE accounts should be redesignated as resident accounts, or the funds ...
Interest income from non-resident (External), or NRE, accounts (savings ... At the time of remittance from NRO account, the bank will ask for a declaration in Form 15CA specifying the amount ...
While both accounts have distinct purposes, you may need to make a funds transfer from an NRO to an NRE account for some reason. But can you transfer funds from an NRO to an NRE account?
I have invested around Rs 40 lakhs in various mutual fund schemes in India from my NRO account ... to an NRE account is treated as remittance abroad for FEMA purposes. The prescribed form for ...
Your guide to apply for an NRE/NRO account with SBI Bank: 1) Fill the Customer Information Section: An applicant must fill Personal Details page first. 2) Once you fill this page and save the form, a ...
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