How NRI can transfer NRO account money out of India : compar

There are usually two types of bank accounts that are operated by an NRI in India. These are NRE and NRO bank accounts. The money lying in NRE bank account is easily remitted by an NRI outside India. However, the same cannot be said for the NRO bank account. There are certain rules that an NRI must comply with before making transfer either to overseas bank account or to NRE account.

Related Keywords

India , Kritika Tewani , Vivek Jalan , Preeti Sharma , Suresh Surana , Amarpals Chadha , Deloitte , Income Tax Department , Deloitte Touche Tohmatsu India , Tax Regulatory Services , Foreign Exchange Management , Non Resident Indian , Reserve Bank , Associate Director , Foreign Exchange Management Act , Tax Partner , Mobility Leader , Tax Connect Advisory , Regulatory Services , Income Tax Act , Double Tax Avoidance Agreement , Income Tax , Chartered Accountant Certificate , Money From Nro To Nre Account , Money From Nro To Outside India , Limit On Sending Money Outside India , Fema Regulations , Current Income Of Nri ,