Can NRIs Open Both NRE and NRO Trading Accounts?
Yes, Non-Resident Indians (NRIs) have the option to open two distinct trading accounts for Non-Resident External (NRE) and Non-Resident Ordinary (NRO) funds. These accounts cater to different needs and have separate regulations concerning repatriation of funds and tax implications.
To explore further details regarding the opening and management of these accounts, please refer to our comprehensive guide.
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