TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>NRIs Restricted: Deposit Rules Limit Investment Options with Strict 3-Year Maturity and Fund Utilization Constraints</h1> Indian regulatory framework governs deposit acceptance by domestic proprietorship, firms, and companies from Non-Resident Indians or Persons of Indian Origin. Deposits must be on non-repatriation basis, with specific conditions including maximum 3-year maturity, interest rate restrictions, NRO account requirements, and prohibitions on fund utilization for relending, agricultural, plantation, or real estate activities. Deposit-accepting entities must comply with Reserve Bank guidelines and other applicable legal provisions.
TaxTMI 
TaxTMI 
