RE:Thank You
by rajiv narain on Nov 11, 2007 09:51 PM Permalink
In India there are consultants who look after your finances in your absence for some cost.These professionals can be enytrusted with the work.
RE:Thank You
by rajiv narain on Nov 11, 2007 10:02 PM Permalink
If you are sending money to India you can keep in form of NRE A/C or FCNR A/C.NRE A/C CAN BE IN FORM OF Savings or Term Deposit in Indian Rupees .The conversion is on the date of the amount received in India,FCNR is only in Term Deposit and in Foreign Currency .FCNR A/C is better than NRE Account as exchange risk is not present in FCNR Deposits.