One of the most common question among NRIs (Non-resident Indians), especially among IT professionals traveling to the USA, UK, Singapore onsite is whether they can transfer funds from one NRE account to another NRE account, or NRO account, or FCNR account, or a Resident saving account or not? Since many IT professionals have their resident saving account in India when they travel to Overseas and which they later converted to NRO account, this doubt is obvious. Well, since the NRE account is maintained in Indian rupees, there is no restriction on transferring your money from one NRE account to another NRE, NRO, FCNR, or resident saving account.
5 Difference between L1A and L1B USA Visas
If you are working for an investment bank e.g Barclays or CitiBank or a service company like Infosys or TCS and thinking to move to the USA on L1 VISA then but don't know the difference between L1A and L1B USA visas then you have come to the right place. In this article, I'll explain the difference between those two. Many of my friends have moved to the USA on L1A and L1B in the last couple of years hence I have some personal experience talking with them. Similar to H1 VISA, L1 VISA is also a temporary VISA that allows a foreigner to work in the USA.
How to apply for Aadhaar Card? Can you apply online?
Many of my readers ask me this question, can you apply for the Aadhaar card online? Can you apply for Aadhaar card outside of India, or do NRIs are even eligible for Aadhaar card or not. One of the key things to remember that NRIs are not eligible for the Aadhaar card because they are not currently staying in India, they can only apply for it when they become Indian residents. Similarly, you cannot apply for the Aadhaar card online, you must go to the Aadhaar help center to apply because you also need to give your biometric data like fingerprints, thumb impression, and retina print.
Limit of Foreign Currency NRIs or Foreigners can Bring to/from India - Indian Customs Limit for Foreign Cash
In the last article, I told you how much Indian currency NRIs are allowed to take Overseas, and in this article, I'll talk about how much foreign currency NRIs are allowed to bring India and then take back while going Overseas. The discussion is also valid for many foreigners and tourists traveling to India. There is no limit to bringing foreign exchange in India from the USA, Singapore, Dubai, UK, or any other country, barring the local rules which tell how much foreign currency you take without declaring to Immigration or after declaring to customs.
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