If you know about NRI banking facilities and different accounts they can open in India i.e. NRE, NRO, FCNR, and RFC then you know that there are different rules to deposit money on these accounts, but it's not clear to many Non-resident Indians. Most of the doubt comes from the fact that NRE account is a Rupee saving account but you cannot deposit Indian Rupees into It. There are some strict rules to deposit funds into NRE saving accounts.
Saturday, March 24, 2018
Monday, March 12, 2018
10 Important Custom and Baggage Rules for NRIs - Indians Returning from Overseas
India is getting prosperous and foreign trip are not the privilege only rich people had in the past. Nowadays, many middle and upper-middle-class Indians are traveling abroad for holidays, vacations, honeymoons, study and just for work to nearby countries e.g. Singapore, Malaysia, Dubai, Thailand etc. Apart from the hassles of Passport and VISA, one more thing which bothers many Indias is the customs rules and the worry about what they can carry back to India without paying customs duty while shopping overseas.
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