Sugartowner
Pilla Bewarse Username: Sugartowner
Post Number: 32 Registered: 01-2016 Posted From: 183.83.79.188
Rating: N/A Votes: 0 | Posted on Thursday, December 07, 2017 - 8:23 am: | |
It is illegal for an NRI to continue to hold their normal Resident bank accounts as per FEMA Act. (http://www.tflguide.com/it-is-not-legal-for-an-nri-to-hold-resident-saving-accou nt-or-open-ppf-account/) The only accounts an NRI can have are in this RBI link: https://www.rbi.org.in/scripts/FAQView.aspx?Id=52#FQ3 |