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The limit to transfer funds from your NRI accounts in India to your overseas account in USA vary with respect to the types of accounts chosen for remittance:     Limit of transfers from India to USA NRE Accounts: There is no limit for repatriating funds from NRE accounts as it is fully and freely […]

You can send money from India to Middle-East from either of your NRI Accounts. The taxes on sending money from India to Middle-East depends on the type of account chosen.     Taxes on sending money from India to Middle-East: NRE: The NRE account can be opened for the purpose of maintaining the income earned […]

You can repatriate funds from NRO account only up to a maximum limit of USD 1 million per financial year as allowed by Reserve Bank of India (RBI). The funds are not freely repatriable. The interest earned on NRO Deposits is taxable in India: 30% tax + surcharge + education cess* is deducted at the […]

NRI repatriation refers to the transfer of funds (both principal amount and the interest earned on the deposit) from any of the NRI Accounts [NRE/NRO/FCNR (B)] from India to the overseas bank account of the NRI in his/her country of residence.     The process of repatriation of funds from NRI Accounts are: Accounts Process […]