What are the reporting requirements for SAO accounts? Are NRO and SAO accounts subject to FATCA regulations?
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- Can students studying abroad repatriate funds from their NRO/SAO accounts? What are the specific regulations for NRO/SAO accounts opened by individuals on employment visas abroad?
- What are the exchange rate risks associated with NRO accounts? Are SAO accounts subject to exchange rate risks?
- What are the estate planning considerations for NRIs holding NRO/SAO accounts in India?
- What are the dormancy rules for NRO/SAO accounts? What happens if my NRO/SAO account becomes dormant?
- 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?
- What are the potential future innovations in banking services for NRIs holding NRO and SAO accounts?
- What are the regulations for NRIs investing in Indian stock markets?
- How do NRO/SAO accounts facilitate the repatriation of investment profits?
- In which currency are SAO accounts typically maintained?
- How can NRIs claim tax treaty benefits on their investment income in India? What is the role of a custodian in NRI investments in India?
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