Are there any specific regulations for NRO/SAO accounts opened by seafarers or individuals working on foreign ships?
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nro sao
- What is the TDS rate for NRO accounts? What is the TDS rate for SAO accounts?
- What is the Prevention of Money Laundering Act (PMLA) and how does it relate to NRO/SAO accounts?
- Can NRIs claim a refund of excess tax paid in India? What is the process for claiming a tax refund in India as an NRI?
- What are the rules for operating an NRO/SAO recurring deposit account? What are the tax implications of interest earned on NRO/SAO recurring deposits?
- How does the FATCA IGA impact the reporting of information related to NRO/SAO accounts?
- What are the interest rates offered on NRO accounts? What are the interest rates offered on SAO accounts?
- What is the purpose of an SAO account?
- What are the common queries related to SAO accounts?
- How do NRO/SAO accounts help in managing income earned in India by NRIs? What are the different investment options available for NRIs in India?
- What types of funds can be deposited into an SAO account?
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