What is the Digital Life Certificate for pensioners and how does it relate to NRO/SAO accounts?
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nro sao
- Can I have multiple SAO accounts? What are the implications of holding multiple NRO accounts?
- How does the FATCA IGA impact the reporting of information related to NRO/SAO accounts?
- Are there any penalties for premature withdrawal from NRO/SAO fixed deposits?
- What are the potential future innovations in banking services for NRIs holding NRO and SAO accounts?
- Are there different tax rates for short-term and long-term capital gains for NRIs?
- Can I avail a loan against my NRO fixed deposit? Can I avail a loan against my SAO fixed deposit?
- What is the process for closing an NRO account?
- Can I use my NRO/SAO account for receiving income from business or profession in India? Are there any specific regulations for receiving business/professional income into an NRO/SAO account?
- What are the regulations for NRIs investing in Corporate Bonds?
- What are the advantages of having an NRO account?
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