Non Resident Ordinary Account NRO

Описание к видео Non Resident Ordinary Account NRO

Non Resident Ordinary Account are opened for NRIs for parking their Indian income in India.
NRIs can use this account for depositing income earn in india.
Features of NRO Accounts are :

Income is taxable at 30%
Annual repatriation limit of i million dollar
Account can be opened in Saving Account, Current Account, Fixed Deposit, Recurring Deposit.

Murari Garg
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