Repatriation
Regulation & taxTransferring funds from India to an overseas account.
In plain terms
Free from NRE, capped and certified from NRO. The account you invested from decides which applies.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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NRO account
Regulation & taxA rupee account for income earned in India, with repatriation capped annually.
In plain terms
Rent, dividends and pension land here. Sending money out needs a limit and a CA certificate.
NRI
Regulation & taxNon-Resident Indian — an Indian citizen whose tax residency is outside India.
In plain terms
Different account types, heavier TDS and repatriation limits. Update your status the moment it changes.