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Nikhil Puri asked on 23/03/2020
4417 views
SBNRI Team
answered on 23/03/2020

Yes. You can transfer funds from NRO to NRE account after providing proper documentation stating that all the taxes are paid on the funds being transferred to the NRE Account because both the principal and interest earned on NRE Deposits are fully and freely repatriable.   Also Read: NRO to NRE fund Transfer   Transfer […]

Geeta Anand asked on 23/03/2020
9676 views
SBNRI Team
answered on 23/03/2020

Yes. An NRE account allows you to transfer funds to another NRE account as well as to an NRO account. The NRE account can be opened for the purpose of maintaining the income earned outside India with tax free interest (upto 7.25%*) on Fixed Deposits. Both the principal amount and interest earned are completely repatriable […]