What are the regulations regarding repatriation of funds from an SAO account?
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nro sao
- Can I use my SAO account to pay for my child's education in India? Can I use my NRO account for medical expenses of my family in India?
- What are the regulations for NRIs investing in Indian stock markets?
- What is the full form of NRO SAO? What is the purpose of an NRO account?
- Can I link my NRO/SAO account to digital wallets or payment apps? What are the regulations regarding the use of digital wallets/payment apps by NRIs in India?
- Can a Power of Attorney holder operate an NRO account? Can a Power of Attorney holder operate an SAO account?
- Is TDS applicable on interest earned on SAO accounts?
- What information is required to initiate an international transfer from an NRO/SAO account? What are the common reasons for failed international transfers to/from NRO/SAO accounts?
- What are the rules regarding joint holding of an SAO account? Can a resident Indian be a joint holder in an NRO account?
- Can I deposit foreign currency directly into an SAO account? What types of funds can be deposited into an NRO account?
- What happens to the funds in an NRO account upon the death of the account holder? What happens to the funds in an SAO account upon the death of the account holder?
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