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RBI Relaxes Forex Rules For FPIs and FVCIs
On Thursday, the RBI relaxed foreign exchange management regulations for opening of accounts by FPIs and and foreign venture capital investors (FVCIs), and opening of non-resident ordinary (NRO) account by long-term visa (LTV) holders. In respect of the development, the ...
Rbi Relaxes Forex Rules For Fpis And Fvcis

KYC For NRI Investors In Mutual Funds In India
As per the regulations specified under the FEMA guidelines, NRIs are allowed to invest in mutual funds in India. The process is largely simple however you can be asked to comply with few other regulations in your country of residence. But ...
How NRIs Can Save Tax On Investments In India?
There are many investment options that Non Resident Indians (NRIs) have in India. Most of the investment options that are opened to domestic Indians are also opened to NRIs, except a few like the National Savings Certificates, PPF and most of ...
Can You Send Money Abroad Through NEFT?
The National Electronic Fund Transfer or NEFT has emerged as the fastest and most easiest way to remit money. It has cut across geographical barriers and you can remit money to even the smallest of towns and cities in India. Can ...
Can You Send Money Abroad Through Neft
Can Foreign Nationals Open A Resident Account In India?
There are many foreign nationals, who come to work or for various other purposes in India. These Nationals, if they are employed would definitely need to open and operate through a bank account. But, there may often be a question ...
What Is The TDS Applicable On NRO Fixed Deposits?
Fixed deposits by Non Residents Indians (NRIs) is rather popular. There are various types of fixed deposits, including the popular NRE Deposits, FCNR (B) deposits and the NRO Deposits. NRO Fixed deposits attract a TDS of 30.9 per cent. So, ...
What Is The Tds Applicable On Nro Fixed Deposits
Are FCNR (B) Deposits Risky For Non Resident Indians (NRIs)?
Foreign Currency Non Resident Deposits (FCNRB) can be opened by a Non Resident Indian (NRI), though there are certain restrictions on them. These deposits are popularly called (FCNR) B Deposits and can be held only in foreign currency. NRIs and PIOs ...
What Is The Difference Between FCNR, NRE and NRO Account?
Non Resident Indian (NRIs) can hold and maintain FCNR, NRE and NRO types of accounts with banks in India. All the accounts differ depending on the need. Let us understand more and know when to choose between NRI vs NRO vs ...
Difference Between Fcnr Nre Nro
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