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Are the balance held by the Non-Resident in their NRO A/C repatriable?

April 26, 2017Balance held non-resident nro repatriable

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Are the balance held by the Non-Resident in their NRO A/C repatriable?

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The NRO scheme remains unchanged . Therefore the balance held in such accounts continue to remain no-repatriable. The quantum of deposites representing only current income (like pension, dividend, rent, interest etc.)will be permitted to be repatriated outside India.