https://www.taxtmi.com/acts?id=20784 Indian-incorporated companies may accept repatriable deposits from Non-resident Indians and Persons of Indian Origin through public deposit schemes, provided funds are received through permitted remittance or account debit channels. Deposits are subject to interest limits, a maximum maturity of three years, an aggregate cap of 35% of net owned funds, and applicable regulatory compliance. Use of deposits is restricted for re-lending by non-banking finance companies and for agricultural, plantation and real estate activities. Interest and repayment may be remitted or credited to specified non-resident or NRO accounts. en-us Thu, 07 Apr 2016 12:05:28 +0530 Tue, 08 Sep 2026 17:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20784 Indian-incorporated companies may accept repatriable deposits from Non-resident Indians and Persons of Indian Origin through public deposit schemes, provided funds are received through permitted remittance or account debit channels. Deposits are subject to interest limits, a maximum maturity of three years, an aggregate cap of 35% of net owned funds, and applicable regulatory compliance. Use of deposits is restricted for re-lending by non-banking finance companies and for agricultural, plantation and real estate activities. Interest and repayment may be remitted or credited to specified non-resident or NRO accounts. Act-Rules FEMA Thu, 07 Apr 2016 12:05:28 +0530 https://www.taxtmi.com/acts?id=20784