https://www.taxtmi.com/circulars?id=1950 Full convertibility clarifies that renewals under the NRNR scheme are prohibited from April 1, 2002; matured NRNR receipts presented after that date must be credited to the holder's NRE account and may subsequently be transferred to FCNR(B) accounts. If no NRE account exists, maturity proceeds may be repatriated abroad, and NRNR deposits maturing on or after April 1, 2002 for persons who became residents may be credited to RFC accounts. en-us Tue, 10 Dec 2002 00:00:00 +0530 Fri, 03 Oct 2008 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1950 Full convertibility clarifies that renewals under the NRNR scheme are prohibited from April 1, 2002; matured NRNR receipts presented after that date must be credited to the holder's NRE account and may subsequently be transferred to FCNR(B) accounts. If no NRE account exists, maturity proceeds may be repatriated abroad, and NRNR deposits maturing on or after April 1, 2002 for persons who became residents may be credited to RFC accounts. Circulars FEMA Tue, 10 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1950