https://www.taxtmi.com/acts?id=20775 Authorised dealers may accept deposits from persons resident outside India through specified non-resident schemes: NRE accounts and FCNR(B) accounts from non-resident Indians, and NRO accounts from any person resident outside India; authorised banks and Regional Rural Banks may also accept such deposits subject to the provisions of the respective Schedules and conditions prescribed by the Reserve Bank. Persons resident outside India with business interests may open and maintain Special Non-Resident Rupee Accounts with authorised dealers or their branches outside India, and resident or non-resident acquirers may open Escrow Accounts subject to Schedule 5. en-us Thu, 07 Apr 2016 12:00:57 +0530 Mon, 16 Jun 2025 17:53:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20775 Authorised dealers may accept deposits from persons resident outside India through specified non-resident schemes: NRE accounts and FCNR(B) accounts from non-resident Indians, and NRO accounts from any person resident outside India; authorised banks and Regional Rural Banks may also accept such deposits subject to the provisions of the respective Schedules and conditions prescribed by the Reserve Bank. Persons resident outside India with business interests may open and maintain Special Non-Resident Rupee Accounts with authorised dealers or their branches outside India, and resident or non-resident acquirers may open Escrow Accounts subject to Schedule 5. Act-Rules FEMA Thu, 07 Apr 2016 12:00:57 +0530 https://www.taxtmi.com/acts?id=20775