As per the RBI directive, the following can be credited into an RFC Domestic Account: a) Received as pension or any other superannuation or other monetary benefits from his employer outside India; or b) Realised on conversion of the assets referred to in sub-section (4) of section 6 of the Act, and repatriated to India; or c) Received or acquired, as gift or inheritance, from a person referred to in sub-section (4) of section 6 of the Act; or d) Referred to in clause (c) of section 9 of the Act, or acquired as gift or inheritance therefrom. View more
As per the RBI directive, the following can be credited into an RFC Domestic Account: a) Received as pension or any other superannuation or other monetary benefits from his employer outside India; or b) Realised on conversion of the assets referred to in sub-section (4) of section 6 of the Act, and repatriated to India; or c) Received or acquired, as gift or inheritance, from a person referred to in sub-section (4) of section 6 of the Act; or d) Referred to in clause (c) of section 9 of the Act, or acquired as gift or inheritance therefrom. View more