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Can NRO account receive money from India?

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Yes, an NRO (Non-Resident Ordinary) account can receive money from India. The income NRO account can receive:

  • Income Earned in India: This includes income such as rent, dividends, pension, interest, and any other income earned in India.
  • Payments from Resident Indians: Resident Indians can transfer funds to an NRO account for various purposes, such as payment for services, sale proceeds, and gifts.

Topic: NRI Bank Account Feedback

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