FEMA
3 articles tagged FEMA.
NRO USD 1 Million Repatriation 2026: Form 15CA + 15CB Step-by-Step Online Process
Every NRI moving money out of NRO above ₹5 lakh per transaction must navigate Form 15CA + Form 15CB. The mechanics confuse even experienced bankers — Part A vs B vs C vs D selection, when 15CB is mandatory, what counts toward the USD 1 million annual cap, and what the lifetime 2-property repatriation rule actually covers. The 2026 step-by-step online process, the FEMA framework, and the seven scenarios where each Part applies.
NRE vs NRO vs FCNR vs RFC India 2026: Which Account Type for Each Money Flow
Most NRIs default to "I have an NRE account" and stop there. The 2026 reality: NRE / NRO / FCNR / RFC are four different accounts solving four different problems — foreign-earnings landing, India-earnings collection, foreign-currency FD hedge, and the returning-NRI bridge. The complete 4-way comparator with tax, repatriation, joint-account rules, and which account each rupee belongs in.
How to Convert Your Savings Account to NRO After Becoming an NRI (India 2026)
Once your status changes to NRI under FEMA, you can no longer hold a resident savings account. Here's how to convert it to an NRO account, the documents you need, and the tax and repatriation rules that follow.