https://www.taxtmi.com/notifications?id=143041 The amendment broadens authorised dealer scope to include branches outside India, permits transfers between repatriable Rupee accounts for bona fide transactions, and revises SNRR account rules: eligible non-residents may open SNRR accounts with an authorised dealer or its branch outside India for permissible current and capital account transactions and for dealings with non-residents; IFSC units may open SNRR accounts outside IFSC for outside-IFSC business. "Indian bank" is replaced by "A bank" and SNRR account tenure is made concurrent with the account holder's contract, operation period, or business. en-us Tue, 14 Jan 2025 00:00:00 +0530 Thu, 16 Jan 2025 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143041 The amendment broadens authorised dealer scope to include branches outside India, permits transfers between repatriable Rupee accounts for bona fide transactions, and revises SNRR account rules: eligible non-residents may open SNRR accounts with an authorised dealer or its branch outside India for permissible current and capital account transactions and for dealings with non-residents; IFSC units may open SNRR accounts outside IFSC for outside-IFSC business. "Indian bank" is replaced by "A bank" and SNRR account tenure is made concurrent with the account holder's contract, operation period, or business. Notifications FEMA Tue, 14 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143041