https://www.taxtmi.com/acts?id=2250 Authorised dealers and authorised banks may accept deposits from persons resident outside India under the NRE, FCNR-B and NRO schemes as specified in their Schedules. Escrow and Special Accounts for non-resident acquirers may be opened without prior Reserve Bank approval subject to Schedule conditions and securities law. Qualified Foreign Investors may open a single non-interest bearing Rupee account for eligible securities transactions under specified funding, use and operating conditions. Transitional provisions phase out NRNR and NRSR schemes, allowing continuation only until maturity and conversion of proceeds into appropriate non-resident accounts. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 21 Jun 2025 11:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2250 Authorised dealers and authorised banks may accept deposits from persons resident outside India under the NRE, FCNR-B and NRO schemes as specified in their Schedules. Escrow and Special Accounts for non-resident acquirers may be opened without prior Reserve Bank approval subject to Schedule conditions and securities law. Qualified Foreign Investors may open a single non-interest bearing Rupee account for eligible securities transactions under specified funding, use and operating conditions. Transitional provisions phase out NRNR and NRSR schemes, allowing continuation only until maturity and conversion of proceeds into appropriate non-resident accounts. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2250