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An Entity of Type : prov:Entity, within Data Space : webisa.webdatacommons.org associated with source dataset(s)

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  • a)By opening FCNR (B) account the account holder is protected from exchange loss, as interest and principal amounts are paid in the currency in which the deposit has been kept. b)Interest earned on these accounts is free from income tax. c)Gifts made out of these accounts are free from gift tax. d)Deposits held in FCNR (B) accounts are free from Wealth Tax. e)Repatriation of funds in foreign curre
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