https://www.taxtmi.com/circulars?id=2750 Acceptance of deposits from persons resident outside India by authorised dealers and authorised banks must comply with the Foreign Exchange Management Act and the applicable FEMA notification. This Master Circular consolidates existing instructions and underlying circulars on the Non-Resident Ordinary Rupee (NRO) Account into a single reference for authorised banks. The circular is issued with a sunset clause and will be withdrawn and replaced by an updated master circular at the end of its term. en-us Mon, 02 Jul 2007 00:00:00 +0530 Tue, 30 Sep 2008 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2750 Acceptance of deposits from persons resident outside India by authorised dealers and authorised banks must comply with the Foreign Exchange Management Act and the applicable FEMA notification. This Master Circular consolidates existing instructions and underlying circulars on the Non-Resident Ordinary Rupee (NRO) Account into a single reference for authorised banks. The circular is issued with a sunset clause and will be withdrawn and replaced by an updated master circular at the end of its term. Circulars FEMA Mon, 02 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2750