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As an NRI, if you are investing in Indian mutual funds or Fixed Deposits, choosing between NRE and NRO accounts is an important decision.NRO accounts allow both your income from India and income from foreign countries to be deposited. Whereas in NRE accounts, you can deposit only the money that you earned abroad.Since NRO accounts allow both income from India and abroad, you may think it’s better to link an NRO account to your Mutual Fund investing or Fixed Deposit. However, this can create a bi
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