https://www.taxtmi.com/manuals?id=770 The framework differentiates NRE, FCNR(B) and NRO accounts by repatriation and currency treatment: NRE and FCNR(B) balances are repatriable with interest and maturity conditions tied to LIBOR/SWAP benchmarks, while NRO funds are rupee earnings with limited remittance subject to tax and an annual cap. Permitted repatriation and non-repatriation investments are specified, and NRIs may purchase immovable property except agricultural and plantation land, with repatriation of sale proceeds limited to the repatriable portion and two residential properties. Returning NRIs may hold foreign assets and open RFC accounts to transfer foreign balances. en-us Sun, 15 Sep 2013 15:16:00 +0530 Sun, 15 Sep 2013 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=770 The framework differentiates NRE, FCNR(B) and NRO accounts by repatriation and currency treatment: NRE and FCNR(B) balances are repatriable with interest and maturity conditions tied to LIBOR/SWAP benchmarks, while NRO funds are rupee earnings with limited remittance subject to tax and an annual cap. Permitted repatriation and non-repatriation investments are specified, and NRIs may purchase immovable property except agricultural and plantation land, with repatriation of sale proceeds limited to the repatriable portion and two residential properties. Returning NRIs may hold foreign assets and open RFC accounts to transfer foreign balances. Manuals FEMA Sun, 15 Sep 2013 15:16:00 +0530 https://www.taxtmi.com/manuals?id=770