Hi- Can I legally send money everymonth to my parents Indian resident account from my Foreign salary account without violating FEMA rules or without having a NRE/NRO account ? Please help
Hey @I_P,
Yes, you can send money to your parents’ Indian resident account from your foreign salary account without violating any laws. If you’re an NRI, having an NRE/NRO account is advisable for managing your foreign income, though not mandatory for sending money to parents.
Hope this helps!
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