https://www.taxtmi.com/notifications?id=3807 The amendment bars companies and statutory bodies from accepting deposits on a repatriation basis from non resident Indians; renewals of previously accepted repatriation deposits are permitted only under Schedule 6. Companies, bodies corporate, proprietary concerns and firms may accept deposits on a non repatriation basis subject to Schedule 7, which requires receipt of the deposit exclusively by debit to an NRO account and prohibits the deposit representing inward remittances or transfers from NRE/FCNR(B) accounts. en-us Sat, 10 Jul 2004 00:00:00 +0530 Sat, 04 Oct 2008 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3807 The amendment bars companies and statutory bodies from accepting deposits on a repatriation basis from non resident Indians; renewals of previously accepted repatriation deposits are permitted only under Schedule 6. Companies, bodies corporate, proprietary concerns and firms may accept deposits on a non repatriation basis subject to Schedule 7, which requires receipt of the deposit exclusively by debit to an NRO account and prohibits the deposit representing inward remittances or transfers from NRE/FCNR(B) accounts. Notifications FEMA Sat, 10 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3807