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What funds can be credited to RFC accounts of Returning Indians?

April 26, 2017accounts credited funds indians returning rfc

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What funds can be credited to RFC accounts of Returning Indians?

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– The Returning Indians can credit to RFC accounts, the entire amount of foreign exchange brought to India at the time of their return to India for permanent settlement as well as the balances standing to the credit of their Not Resident (External) (NRE) and Foreign Currency Non-Resident (FCNR) accounts.