RBI allows resident Indians to open dollar accounts in Gift City. What this means for you
If you are a student, a parent, or a frequent traveller, you can park your money in a Gift City account and remit it whenever you need. Keep in mind, however, that the money you remit will be subject to tax collected at source.
citynews
5
If you are a student, a parent, or a frequent traveller, you can park your money in a Gift City account and remit it whenever you need. Keep in mind, however, that the money you remit will be subject to tax collected at source.
