NRI saving for KVC
Singh Kamboj (409 Points)
08 January 2020Singh Kamboj (409 Points)
08 January 2020
CA Arun Tiwari
(Partner)
(5955 Points)
Replied 09 January 2020
A non Resident is not eligible to invest in Kissan Vikas Patra (KVP). If he has made investment when he was a resident then his previous investment would be transferred by postoffice after intimation to his NRO account. Investment by Non Resident in KVP is not possible.