You can transfer funds from NRO account to NRE accountRaghunath Rao
Refund of share/debenture subscriptions to new issues of Indian companies or portion thereof, if the amount of subscription was paid from the same account or from other NRE/FCNR account of the account holder or by remittance from outside India through normal banking channels. Refund of applicatio...
I should convert the normal account to NRO. But then I would pay tax on the interests. So, I'd remove my name from this account and close it or make my mother the sole holder. To transfer money to an NRE account, the money must be from a currency different from INR. So I shoul...
Once you go back to India for good and become an Indian resident, NRE account can be converted into your normal Resident Rupee Account.Disadvantages of NR(E) AccountsNR(E) Accounts are opened in Indian rupees, and all foreign exchange remittances received for credit of that account are first...