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    <title>(a) Remittance of Current Income by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) – No Objection Certificate (b) Repatriation of NRNR Deposits</title>
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    <description>NRIs/PIOs without taxable income and not maintaining NRO accounts need not furnish a Chartered Accountant&#039;s certificate for remittance of current income; Authorised Dealers may accept a duplicate declaration that the remitter is not a taxpayer in India and retain it for tax authorities. Current income may be credited to NRE accounts only when the dealer is satisfied it represents current income and that income tax has been deducted/paid/provided for; the CA certificate or tax declaration requirement applies otherwise. Maturity proceeds of NRNR deposits should be credited to NRE accounts and may be repatriated if the accountholder lacks an NRE account.</description>
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    <pubDate>Sat, 28 Sep 2002 00:00:00 +0530</pubDate>
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      <title>(a) Remittance of Current Income by Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) – No Objection Certificate (b) Repatriation of NRNR Deposits</title>
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      <description>NRIs/PIOs without taxable income and not maintaining NRO accounts need not furnish a Chartered Accountant&#039;s certificate for remittance of current income; Authorised Dealers may accept a duplicate declaration that the remitter is not a taxpayer in India and retain it for tax authorities. Current income may be credited to NRE accounts only when the dealer is satisfied it represents current income and that income tax has been deducted/paid/provided for; the CA certificate or tax declaration requirement applies otherwise. Maturity proceeds of NRNR deposits should be credited to NRE accounts and may be repatriated if the accountholder lacks an NRE account.</description>
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      <pubDate>Sat, 28 Sep 2002 00:00:00 +0530</pubDate>
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