Can I invest in Sovereign Gold Bonds (SGBs) through my SAO account?
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- What is the significance of residential status under the Income Tax Act for NRO/SAO account holders?
- What is the difference in repatriation rules between NRO and NRE accounts?
- What are the regulations for NRIs investing in SGBs? What are the tax implications of investing in SGBs through NRO/SAO accounts?
- Are there any tax benefits for donations made from an NRO account?
- What are the typical transaction limits for NRO accounts? Are there transaction limits for SAO accounts?
- Are the interest rates on NRO fixed deposits different from resident fixed deposits?
- What are the exchange rate risks associated with NRO accounts? Are SAO accounts subject to exchange rate risks?
- How do NRO and SAO accounts facilitate these government initiatives? What role do NRO and SAO accounts play in the foreign exchange reserves of India?
- What are the charges levied by custodians for NRI investments? Can I use my NRO/SAO account to pay for services received in India?
- What are the charges for using an NRO/SAO debit card? What are the daily transaction limits for NRO/SAO debit cards?
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