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Daily Archives: December 1, 2021
Can Local proceeds rec’d on sale of FC assets be deposited to FCRA account?
The issue of receiving proceeds from non-FCRA sources has always been a prickly issue, as often bankers do not allow remittances from local sources to be deposited in the FCRA bank account. SBI has now started allowing deposit of proceeds … Continue reading
Posted in FCRA, TAX, LEGAL
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