NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts are the solutions to these problems. According to the Foreign Exchange Management Act (FEMA) guidelines, a Non-Resident Indian ...
The interest earned over the HDFC Bank Non-Resident Ordinary (NRO) Savings Account deposits is subject to TDS (Tax deducted from source). Eligibility for HDFC Bank Non-Resident Ordinary (NRO) Savings ...
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There is a limit of $1 million before you can transfer your deposits in an NRO account. You will also have to pay the required taxes before the transferring of the amount from your NRO account to ...
ICICI Bank offers many products for NRIs. This includes NRO accounts to manage their earnings in India, NRE bank accounts, FCNR (B) fixed deposit accounts to manage foreign currency repatriated to ...