Nri repatriation question help

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owner
34 Points Posted on 09 January 2024

hello need help.

being NRI sometime back I opened NRI account with Zerodha but I have repatriation question. now i transfer money from my Foreign Bank Account to my NRE Account to my NRO Account to Zerodha Account then investment.

if I sell my Mutual Funds or Stocks then withdraw money, then Zerodha will transfer funds to my NRO Account. but question is can I repatriate such funds (principal & profits) from My NRO to My NRE account?

help needed. thank you so much

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On 09 January 2024 at 10:51 Report
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Quick Summary
This discussion addresses a common query from Non-Resident Indians (NRIs) regarding the repatriation of funds from their NRO account to their NRE account. The user seeks clarification on whether both principal and profits from investments made via Zerodha can be moved from NRO to NRE. They've received conflicting advice and are looking for detailed information on potential restrictions and the process, including the role of forms 15CA and 15CB.

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Profession
28261 Points Posted on 09 January 2024
Nri repratiation.
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On 09 January 2024 at 12:20
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owner
34 Points Posted on 09 January 2024

thanks. am i allowed to repatriate this type of funds?

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On 09 January 2024 at 12:41
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Profession
28261 Points Posted on 10 January 2024
Restrictions are there.
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On 10 January 2024 at 08:20
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owner
34 Points Posted on 10 January 2024

please mention details because i talked to CA he said only form 15ca and 15cb required and bank will transfer.

so what restrictions you say?

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On 10 January 2024 at 18:35
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owner
34 Points Posted on 12 January 2024

please someone help.

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On 12 January 2024 at 21:13

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