How often do banks update the KYC information for NRO/SAO account holders? What are the consequences of not complying with KYC requirements for NRO/SAO accounts?
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- What are the cross-border data transfer rules relevant to NRO/SAO account information? What is the role of technology in the operation and management of NRO/SAO accounts?
- What are the tax implications of pension income received in an NRO/SAO account?
- What should I do if my NRO/SAO debit card is lost or stolen?
- 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 is the role of the Reserve Bank of India (RBI) in regulating NRO and SAO accounts? Where can I find more information about NRO and SAO account regulations?
- How can NRIs overcome these challenges?
- What are the permissible credits to an NRO account? What are the permissible credits to an SAO account?
- What are the tax implications of investing in Treasury Bills through NRO/SAO accounts?
- Do all countries have DTAAs with India relevant to NRO/SAO accounts?
- How do banks ensure compliance with international sanctions regulations for NRO/SAO account transactions?
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