Hi Santosh, 1. Can we transfer money to TMAD account from NRE/NRO accounts? I am not sure what an NRE or NRO account is, but we can receive amount from any account within India.
2. Can we receive money from Foreign accounts to TMAD account? No, we cannot receive money from Foreign accounts, for this we have to apply for FCRA. Now that we have got 80G next work would be to check the process for applying FCRA and apply, as far as i heard it seems we need to have accounts for 3yrs to apply for FCRA. I will check on this update soon. Regards Chaitanya On Tue, Jun 2, 2009 at 11:46 PM, santhosh & lavanya < [email protected]> wrote: > > > Great news. Congratulations to the team. > > Chaitanya, > > I have two questions. > > 1. Can we transfer money to TMAD account from NRE/NRO accounts? > 2. Can we receive money from Foreign accounts to TMAD account? > > On Tue, Jun 2, 2009 at 7:24 AM, Chaitanya Ganesh <[email protected]>wrote: > >> >> >> Congrats to the team, we got 80G exemptions for 3yrs. >> >> Kudos, so happy today :). Satya and Ravi went for hearing today and got it >> done successfully. >> >> Cheers >> Chaitanya >> >> > > > -- > Regards, > Santhosh > > http://www.santhlavvi.in > http://santhlavvi.googlepages.com > http://santhlavvisaraagaalu.googlepages.com > > >
