For an Non-Resident Indian (NRI) earning or receiving money in India, a Non-Resident Ordinary (NRO) account is often where income such as rent, pension, interest or dividends gets deposited. But if you want to move this money to a Non-Resident External (NRE) account, there are rules on how much you can transfer and which tax-related requirements you need to meet.
So, how much money can an NRI transfer from an NRO account to an NRE account in a year? Here is what you need to know about the transfer limit, taxes and the documents required.
