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11 May 2012 14:13
RBI allows NRIs to transfer funds from NRO to NRE account
The Reserve Bank allowed non-resident Indians (NRIs) to transfer funds from non-resident ordinary (NRO) account to Non-Resident External (NRE) account subject to a ceiling of $1 million in a financial year, subject to payment of tax.
Source ET. But still its not that easy, lot of paper work involved. Once has to fill some other forms and get certificate from a C.A that taxed have been paid. This is theory based. I don`t know someone who has done this procedure before. Please share if someone has done or is planning to do. Wishes zapper...



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