What are the common misconceptions about NRO and SAO accounts? How can NRIs stay informed about the latest regulations and best practices related to their NRO and SAO accounts?
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- Are there any specific regulations for NRO/SAO accounts opened by seafarers or individuals working on foreign ships?
- What should I do if I face issues with online transactions using my NRO/SAO account?
- What are the tax implications of dividend income earned on investments made through NRO/SAO accounts? What are the tax implications of capital gains earned on investments made through NRO/SAO accounts?
- Can I use my NRO/SAO account for receiving pension income from overseas? Are there any specific regulations for receiving pension income into an NRO/SAO account?
- Can I repatriate funds from an SAO account? What are the regulations regarding repatriation of funds from an NRO account?
- What is the difference in repatriation rules between NRO and NRE accounts?
- What are the typical transaction limits for NRO accounts? Are there transaction limits for SAO accounts?
- What are the documentary requirements for students opening NRO/SAO accounts?
- Can an NRI have more than one PAN card? What should an NRI do if they have multiple PAN cards?
- What are the tax implications of investments in Indian stock markets by NRIs? Can I invest in Sovereign Gold Bonds (SGBs) through my NRO account?
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