When should you open an NRO account? | Mint - Mint

Under the exchange control law, when an individual leaves India for employment or for business or for vocation outside India or for any other purpose indicating his intention to stay abroad for an uncertain period, his existing bank accounts should be designa…

We are planning to move to Canada soon, depending on the processing of our application for permanent residence (PR) there. Meanwhile, we had moved out some of our investments in fixed deposits, provi… [+232 chars]

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