Remittance of Money by NRIs, OCIs & PIOs

Forms 145 & 146 (Erstwhile Forms 15CA 15CB) – NRO A/c Outward Money Remittance By NRIs, Foreign Citizens (OCIs, PIOs) – To NRE Bank Account/Foreign Bank Account – Tax Consultants/Chartered Accountants Services – Delhi NCR, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Gurgaon, Noida, Pune, Gujarat, Kerala, Punjab, UP, HP, Dehradun, Other Major Cities India

Out of their savings in India, Gifts/inheritance from parents, investment maturity (mutual funds, shares, insurance, immovable property etc), NRIs OCIs remit funds from NRO Account to NRE Account or Foreign Account. In this regard, NRIs look forward for Forms 145 & 146 services (as per new Income Tax Rules 2026) (earlier these were forms 15CA 15CB under Income Tax Rules 1962). These forms are prerequisite of Banks for remittance of money by Non residents. In this regard, we assist NRIs in the preparation & filing of these two Forms (PAN India) with Income Tax Department. Accordingly, we also assist NRIs in many cases for setting up a communication with Banks.

Non Resident Individuals NRO Account Outward Remittances

Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), Person of Indian Origin Residing Abroad (PIOs), Foreign Citizens Residing In India (Expatriates), often remit their money (lying in their Bank Account in India) from NRO Account to following:

Either to their NRE Bank Account in same bank or other bank
Or their Foreign Bank Account held by NRI/OCI in their home country outside India.

When the NRI/OCI/PIO requests their bank for the remittance, their banker generally require some additional documents, i.e.:

Application for outward remittance from NRO Account
A2 Form (a Form under RBI Regulations)
Form 146 (or 15CB) (A Chartered Accountant Certificate) (to be submitted online on Income Tax Dept Portal)
Form 145 (or 15CA) (A Declaration By Remitter to Income Tax Dept) (To be submitted online on Income Tax Dept Portal)
Source of funds (in some cases) (with documentary support)
Passport Copy (in some cases)

NRI Tax Service Team

In relation to the above, NRIs/PIOs look forward for a Chartered Accountant or Tax Consultant to assist them in completion of above. We, NRI Tax Service, since many years providing full-fledged services to our wide range of NRIs, OCIs, PIOs, Expatriates, Indian Residents. We assist and advise our NRI clients on their various requirements, including

Foreign Exchange Regulations e.g., limits of remittance of money from NRO account.
Information to be submitted in the A2 Form
Providing CA Certification in Form 146 (earlier 15CB)
Preparation & filing of Form 146 and 145 (15CB and 15CA) on the web portal of the Income Tax Department
Assisting & advising in the calculation of taxes, if any, payable on the money to be remitted
Payment of Taxes if any due on the money being remitted
All other incidental and ancillary support services

Also Read - How NRIs, OCIs Can Apply For Lower TDS Certificate For Sale Of Property In India?

Frequently Asked Questions Wrt Remittance of Money From NRO Account, Form 145 and 146 (i.e. earlier Forms 15CA, 15CB) By NRIs, PIOs, OCIs, etc

What is the procedure (step by step) for submitting or filing the 145 (15CA) form online?

Following are the steps for electronically online submission of Form 145 (15CA):
1. Log in to Income Tax Web Portal www.incometax.gov.in
2. Log in to your account with your user ID and password details (User ID is PAN).
3. Go to Efile option and select Form 145.
4. Follow the instructions given to fill Form 145.
5. Form is in 4 parts, i.e., Part A, B, C, and D.
6. Fill the respective part with requisite details.
7. Generally, Part C or D is filled & submitted for NRIs’ remittances.
8. On filling of the form, submit the form on the portal.
9. Take printout of the Form 145 from and submit the same with the Banker.
10. Banker may ask to sign it also.

How much time it takes by CA or Tax Consultant to complete the process for preparation and filing of 145 and 146 (earlier Forms 15CA and 15CB)? How much time bank takes for remittance of money thereafter?

An NRI, OCI, may approach the Tax Consultant or Chartered accountant for preparation and filing of the respective two Forms 145 & 146. It takes generally 1-3 days for CA or tax consultant to verify the documents and submitting of these two Forms. After submission of these Forms, CA provides the acknowledgements to NRI. NRI provide the acknowledgements to Bank, and thereafter the Bank remit the funds immediately thereafter. Hence, in total, the 145 and 146 (15CA and 15CB) filing procedure and remittance by bank may happen in 2-4 days’ time.
Is there any change in Income Tax Portal for submission of Form 145 146?
Yes. Wef Apr 1, 2026, as per new income tax act and rules portal has been updated by the Income Tax Department. Since then, Form 145 (in place of earlier form 15CA) and 146 (in place of earlier form 15CB) is to be generated and submitted on the new income tax portal, i.e. www.incometax.gov.in.

What is UDIN? How To Get it for Forms 1455 (15CA) and 146 (15CB) of NRIs?

UDIN is Unique Document Identification Number. To keep track and avoid fraudulent transactions, the ICAI (CA governing body in India) has created a portal (www.udin.icai.org). Every certification by Chartered Accountants are required to be reported on this portal by the respective Chartered Accountant. Form 146 is also CA Certificate. Hence, reporting of this Form is needed on this portal. Once it is so reported, a unique number is generated, i.e. UDIN. Each bank verifies the 146 form with this portal through UDIN. Hence, this way authenticity of form is verified.

Whether Non-Resident need to travel India for remittance of his funds abroad, or it can be done sitting outside India also?

NRI/OCI need not to be present physically in India to repatriate his funds from NRO account to NRE/Foreign A/c. Procedure can be initiated online or via email with the Bank. Wrt Forms 145 146 (earlier forms 15CA 15CB), the same can be filed with the help of a tax consultant. We, at NRI Tax Service, assist NRIs, OCIs (via email/WhatsApp communication) in completing the procedure.

What help can Consultant provide in communication with Bank to complete the documentation and queries?

We, at NRI Tax Service, assist NRIs, OCIs for by making communication with banks wherever necessary. With certain prominent banks, we have experience to initiate the repatriation request with bank and then get it completed on timely basis.
We regularly assist and guide repatriation from India to Australia, USA, Canada, Singapore, UK, Europe, UAE, Gulf Countries, and Other various countries.

I am an NRI. I have recently moved from India (Hyderabad) to UK. I have some funds in India bank accounts (from my savings in India). I need funds abroad. How can I move these funds abroad to my UK bank account? What is the purpose of Forms 145 146 (15CA 15CB) in relation to remittance of funds?

Firstly, you need to convert your bank accounts and deposits in India into NRO account. From NRO account you can remit funds to your NRE account of Foreign Bank Account by following bank instructions. As per the Bank remittance procedure requirement, you would need to provide Forms 145 146 to bank for enabling them to remit the funds.

What is the purpose of Forms 145 146 in relation to remittance of funds? Why do bank require these two Forms for remittance of NRO funds to outside India?

Form 145 146 (i.e. earlier Forms 15CA 15CB) are Income Tax Forms, which are filed through a Chartered Accountant (CA). CA verify and ensures that there is no tax payable on the funds being remitted. Hence, purpose of these Forms is to assure that there is no tax liability payable in India and if any then the same needs to be paid first before submission of these Forms. Hence, via Forms 145 146, bank ensures that in relation to remittance amount, tax status is duly verified by a CA and reported to Income Tax Deptt via these Forms.

I am an OCI, and looking for repatriation of some fixed deposits funds lying in my NRO account in a bank account in Kolkata branch of State Bank of India. What are the documents and information required by a Chartered Accountant for verification and submission of Form 145 146?

Chartered Accountant would need following documents and steps for the purposes of verification and submission of Forms 145 146 (i.e. earlier Forms 15CA 15CB):
1. NRO Account Bank Statement for recent 2-3 years
2. Income Tax login details as these forms are submitted online on tax portal
3. Remitter KYC docs i.e., passport copy and present address copy
4. Document in support of source of funds.
5. Calculation of taxable income, if any.
6. Calculation of taxes on taxable income.
7. Payment of taxes, if any.
8. Filing of Income Tax Return, if applicable.
9. Keeping a documentary record of all records.

I am an OCI, living and working in Canada since last 15 years. Recently, I have received some funds (Bank Account Deposits) as inheritance on death of my father. Funds are lying in my ICICI bank account in Chennai. What documents should I gather for the purposes of Forms 145 146 (earlier forms 15CA 15CB) and bank requirement to enable the remittance of these funds to my Canada Bank Account.

In relation to inheritance of funds, you should ensure following information and documents:
A. Closure statement of all Bank Accounts of your father, where the account was maintained by him.
B. Interest certificate from the same bank for interest earned during that respective year on those bank/deposit accounts.
C. Death certificate of your father.
D. PAN Card copy and address proof copy, if available.
E. File an ITR in India for the period till your father was alive to ensure tax compliance are duly done in India in relation to your father.
F. In addition to above, your own bank account statement, KYC docs and other information would be needed by the CA to complete the Forms 145 146 (earlier forms 15CA 15CB).

NRIs OCIs NRO A/c REMITTANCE OUTSIDE INDIA – FORM 145 146 SERVICES

Non Resident Individuals NRO Account Outward Remittances

NRI Tax Service Team

Frequently Asked Questions Wrt Remittance of Money From NRO Account, Form 145 and 146 (i.e. earlier Forms 15CA, 15CB) By NRIs, PIOs, OCIs, etc

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