Keth Posted April 18 Report Posted April 18 1 hour ago, idibezwada said: Its always confusing for me with NRE and NRO uncle...my current home EMI is getting deducted from NRE...so you are saying i cant get a deposit into NRE once the sale happens? ha thats where i thought you misread about NRO and NRE. NRO same like indian savings account but for NRI's. NRE only for remittance purpose. you can transer from NRE to any nro, indian savings account. one way only. thats the reason Standing instructions ki NRE eligible. thats like you are sending amount from your account to bank. its a set up anuko. so they can set up EMI payments to NRE. NRE tax free account. you will get interest on the amount in NRE account. 29 minutes ago, idibezwada said: ok, so 30% tax is ok..atleast it should be easy to bring back my principle amount kada vella findakudu haha tappadu mari. EOD its a hectic thing. anduke mothukuntunam, but nuvu inkemanna plan chesavo ani asking anthe. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.