NRE vs NRO acc

[Sucker]

Ind la ye acc la paisal vunte tax vesthadu anna lu . Naa guess NRO ayyithe tax padthadi anukunta. NRE acc vunlces ?? 

[FaskRaja]

NRE is for funds from overseas and no tax on it. You cannot deposit funds from india. 
 

NRO is for all local transactions

[Sucker]

12 minutes ago, FaskRaja said:

NRE is for funds from overseas and no tax on it. You cannot deposit funds from india. 
 

NRO is for all local transactions

NRE nundi India la local transactions cheyocha kaka. Like sending money to someone in india or only NRO la cheyyala transfer 

[stag]

37 minutes ago, Sucker said:

NRE nundi India la local transactions cheyocha kaka. Like sending money to someone in india or only NRO la cheyyala transfer 

you can do anything just like regular account.. but only deposits with INR is not allowed

 

 

[Sucker]

1 minute ago, stag said:

you can do anything just like regular account.. but only deposits with INR is not allowed

 

 

Thanks kaka

[Hitman]

10000$ worth కన్నా ఎక్కువ Indian rupees ఉంటే ఆ account details Biden కి ఇవ్వలి . నీకు వచ్హే కొద్ది interest income ని USA నీ million $ salary కి add చెసి tax pay చెయ్యలి 

7 minutes ago, Sucker said:

Thanks kaka

 

[Sucker]

2 minutes ago, Hitman said:

10000$ worth కన్నా ఎక్కువ Indian rupees ఉంటే ఆ account details Biden కి ఇవ్వలి . నీకు వచ్హే కొద్ది interest income ని USA నీ million $ salary కి add చెసి tax pay చెయ్యలి 

 

Biden gaadiki rod petta le 

[Sarvapindy]

9 hours ago, FaskRaja said:

NRE is for funds from overseas and no tax on it. You cannot deposit funds from india. 
 

NRO is for all local transactions

then NRO account ki india account ki wat diff?