https://www.taxtmi.com/notifications?id=127231 Authorized Dealers may permit SEBI-registered Foreign Portfolio Investors and Foreign Venture Capital Investors to open non-interest bearing foreign currency accounts for investments under the FEMA 2017 transfer/issue regulations; specified minority nationals of Bangladesh and Pakistan with or applying for Long Term Visas may open a single NRO account subject to visa and residential permit conditions; SNRR account tenure is concurrent with contract/operation and capped at seven years except for non-resident investment accounts under FEMA 2017. Schedule 5 prescribes comprehensive terms for INR Escrow Accounts including permitted credits and debits, non-interest status, KYC, repatriation and closure rules. en-us Fri, 09 Nov 2018 00:00:00 +0530 Tue, 13 Nov 2018 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127231 Authorized Dealers may permit SEBI-registered Foreign Portfolio Investors and Foreign Venture Capital Investors to open non-interest bearing foreign currency accounts for investments under the FEMA 2017 transfer/issue regulations; specified minority nationals of Bangladesh and Pakistan with or applying for Long Term Visas may open a single NRO account subject to visa and residential permit conditions; SNRR account tenure is concurrent with contract/operation and capped at seven years except for non-resident investment accounts under FEMA 2017. Schedule 5 prescribes comprehensive terms for INR Escrow Accounts including permitted credits and debits, non-interest status, KYC, repatriation and closure rules. Notifications FEMA Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127231