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FCNR(B) account

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What this article will cover

A full webnotes article on FCNR(B) account will cover the Foreign Currency (Non-Resident) Account (Banks) Scheme under Schedule 2 of the Foreign Exchange Management (Deposit) Regulations 2016, its eligibility, currencies, tenor, repatriation and the tax treatment of its interest, with internal links to neighbouring topics on webnotes.in and a references section pointing to primary sources.

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