https://www.taxtmi.com/notifications?id=25416 Amendment to Schedule 3 of the Deposit Regulations revises the NRO Account scheme to allow authorised dealers/banks to open NRO accounts for individuals of Bangladesh nationality if the individual holds a valid visa and residential permit issued by the relevant FRO/FRRO, while entities of Bangladesh ownership require Reserve Bank approval. It also requires branch-to-head office reporting and quarterly submission by Head Offices to the Ministry of Home Affairs of name, passport number, issuing country/state, FRO/FRRO name, residential permit date and validity. en-us Wed, 02 Jan 2013 00:00:00 +0530 Thu, 07 Feb 2013 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=25416 Amendment to Schedule 3 of the Deposit Regulations revises the NRO Account scheme to allow authorised dealers/banks to open NRO accounts for individuals of Bangladesh nationality if the individual holds a valid visa and residential permit issued by the relevant FRO/FRRO, while entities of Bangladesh ownership require Reserve Bank approval. It also requires branch-to-head office reporting and quarterly submission by Head Offices to the Ministry of Home Affairs of name, passport number, issuing country/state, FRO/FRRO name, residential permit date and validity. Notifications FEMA Wed, 02 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=25416