NRE Account – TAX VIC

Form 145 & Form 146 (Earlier Form 15CA & 15CB): Complete Guide for Bank Remittance (2026)

TAXVIC — Fri, 10 Apr 2026 10:34:21 +0000

If your bank has asked you to submit Form 145 and Form 146, you’re likely trying to send money abroad or transfer funds from your NRO to NRE account. Form 145 and Form 146 are the mandatory requirements if you are sending money from India to a foreign country or if you are transferring money from your NRO account to NRE account.

This situation is extremely common with banks like HDFC, ICICI, SBI, Axis and all other Big Banks and the confusion usually starts because these forms are new names.

We are providing you the whole idea on what it is and how quick can this be done and what the cost is.

What are Form 145 and Form 146?

Under the updated Income Tax framework (2026):

Form 145 = Earlier Form 15CA (Self-declaration by taxpayer)
Form 146 = Earlier Form 15CB (CA certificate for tax compliance)

These forms ensure that:

Proper taxes are paid (if applicable)
The remittance is legally compliant
Banks can process your request without regulatory risk

Why Banks Ask for Form 145 / 146

When you initiate a remittance request, banks are required to comply with:

Income Tax Act provisions
FEMA regulations

Banks like:

HDFC Bank (for NRO outward remittance and other foreign remittences)
ICICI Bank (international transfers and nro to mre transfers)
SBI (foreign remittance, nro to nre remitance)

Will not process your transaction unless these forms are submitted.

When Are These Forms Required?

You will typically need Form 145 & 146 in cases like:

NRO to NRE transfer
Sending money abroad to family
Paying foreign vendors
Investing outside India
Repatriation of income
Advance payment to purchase

Documents Required

To issue Form 146 (CA certificate), you will need:

PAN card
Bank details through which remittance is being made (IFSC code, Bank name)
Source of funds (salary / PF/ rent / sale / gift etc.)
Remittance details
Your KYC details such as proof of pan in many cases

Timeline (Very Important for Bank Deadlines)

Document review: 1–2 hours
Form 146 (CA certificate): Same day
Form 145 filing: Immediate

Total time: 2–6 hours

What Happens If You Don’t Submit?

Remittance gets rejected
Funds get stuck
Bank may put compliance hold
Delay of 3–7 days or more

Pricing

Starts at 2999/- (all-inclusive, no hidden charges)

Need Urgent Help?

If your bank has already raised a request — this can be completed the same day. Go fill Tax Vic contact form for instant response.

FAQs for Form 145 and Form 146

1. What is Form 145 for foreign remittance in India?

Form 145 is a self-declaration required before sending money abroad, confirming tax compliance. This is done via your income tax login. Your CA can help you do same.

2. What is Form 146 CA certificate for remittance?

Form 146 is issued by a Chartered Accountant certifying that applicable taxes on remittance have been paid. Or if taxes are not applicable then it is verified via this form 146 which was earlier called Form 15 CB.

3. Is Form 145 and 146 mandatory for NRO to NRE transfer?

Yes, in most cases banks require both forms before approving NRO to NRE transfer.

4. Which banks require Form 145 / 146?

Banks like HDFC, ICICI, SBI, Axis typically require these forms for outward remittance.

5. How long does Form 145 and 146 take?

With proper documentation, it can be completed within 2–6 hours.

The post Form 145 & Form 146 (Earlier Form 15CA & 15CB): Complete Guide for Bank Remittance (2026) appeared first on TAX VIC.

NRO to NRE Transfer for NRIs in Australia & New Zealand – Form 15CA & 15CB

TAXVIC — Tue, 10 Feb 2026 07:17:45 +0000

Transfer from NRO to NRE account is a repatriation of funds within India, not a foreign remittance. However, banks require Form 15CA and Form 15CB to confirm that applicable Indian taxes have been paid.

This requirement applies to NRIs residing in Australia or New Zealand when Indian-sourced income is moved from NRO to NRE.

Why Form 15CA & 15CB Is Required for NRO to NRE Transfer

Banks need confirmation that:

Income credited to NRO account is tax-compliant
Applicable TDS has been deducted or paid
DTAA benefit (if any) is correctly applied

Hence, CA certification becomes mandatory before allowing NRO → NRE transfer.

Income Commonly Transferred from NRO to NRE

Rental income
Sale proceeds of property (within USD 1 million limit)
Pension or salary arrears
Interest income credited to NRO

Each transfer is reviewed independently for tax applicability.

DTAA Angle – Australia & New Zealand

DTAA does not eliminate the need for Form 15CA–15CB.
It only helps in determining correct tax rate, provided:

Tax Residency Certificate is available
Form 10F and declarations are submitted

Process Followed by Banks

Review source of income
Verify tax payment / TDS
CA issues Form 15CB
Form 15CA filed on Income Tax portal
NRO → NRE transfer approved by bank

Bank queries usually arise due to incorrect 15CA–15CB filing. Our process focuses on error-free certification, same-day issuance in standard cases, and a pay-after-service model.

Connect to our team for fast response at +919311070842

FAQs – NRO to NRE Transfer

Is NRO to NRE transfer a foreign remittance?
No. It is a repatriation within Indian banking system.

Why does bank still ask for 15CA–15CB?
To ensure Indian taxes are correctly discharged.

Is DTAA applicable in NRO to NRE transfer?
Yes, only for determining tax rate, not for compliance exemption.

Can transfer be done without CA certificate?
Banks generally do not permit it.

One-Line Positioning You Can Reuse Everywhere

“NRO to NRE transfer is not a foreign remittance—it is a tax-cleared repatriation of Indian income, and Form 15CA–15CB is the compliance backbone of this process.”

The post NRO to NRE Transfer for NRIs in Australia & New Zealand – Form 15CA & 15CB appeared first on TAX VIC.

NRO to NRE Account Repatriation of Funds in India: A Complete Guide

TAXVIC — Fri, 25 Aug 2023 05:30:00 +0000

If you are a non-resident Indian (NRI) and have funds in your Non-Residential Ordinary (NRO) account in India, there will be a need to repatriate these funds to your Non-Residential External (NRE) account. Repatriation allows you to freely transfer funds, change them into foreign currency, and effectively manage your finances. We will lead you through the process of repatriating funds from your NRO to NRE account in India in this comprehensive guide, providing you with all the reliable and updated information.

Understanding NRO and NRE Accounts

NRO Account

A Non-Resident Ordinary (NRO) account is a rupee-denominated account that allows non-resident Indians (NRIs) to manage their income generated in India, such as rent, dividends, or pension. This account’s funds are non-repatriable, which means they cannot be freely transferred outside of India without appropriate documents.

NRE Account

A Non-Resident External (NRE) account, on the other hand, is a rupee-denominated account that allows non-resident Indians (NRIs) to hold and manage their overseas income in India. Funds in this account are fully repatriable, making them a better choice for NRIs wanting to move funds abroad.

Repatriation Eligibility NRO to NRE account

To be eligible for funds to be repatriated from your NRO to NRE account, you must do the following:

The funds being repatriated are eligible for repatriation under Reserve Bank of India (RBI) criteria.
Taxes and other applicable charges on the funds to be repatriated have been paid.
The repatriation amount does not exceed the RBI’s permitted limit.
You supply the relevant papers to support the repatriation request.

Required Documents for Repatriation

You will need the following documentation to begin the repatriation process:

Form 15CA and 15CB

The Income Tax Department requires these forms, which are used to declare international remittances. Form 15CA is an online declaration form, whereas Form 15CB is a certificate provided by a chartered accountant validating the remittance data. [Read more: All ABOUT TO FORM 15 CA CB CERTIFCATION]

Foreign Inward Remittance Certificate (FIRC)

This document is issued by the bank where the NRO account is kept and serves as proof of funding.

Proof of Identity and Address

Valid identification documents, such as a passport, PAN card, and proof of address, are required.

Repatriation Process NRO to your NRE account

Once you’ve obtained all of the necessary documentation, follow these procedures to transfer funds from your NRO to your NRE account:

Step 1: Obtain the following forms

Download Forms 15CA and 15CB from the Income Tax Department’s website or seek advice from a certified accountant.

Step 2: Complete Form 15CA

Fill out the form completely, including remittance, purpose, and tax deduction information.

Step 3: Obtain Form 15CB

Engage a chartered accountant to perform a comprehensive examination and provide Form 15CB verifying the transaction’s validity.

(Contact us for CA assistance: info@taxvic.com)

Step 4: Submit Forms and Documentation

Submit Forms 15CA and 15CB, as well as any supporting documentation, to the bank where your NRO account is maintained.

Step 5: Bank Verification

The forms and supporting documentation will be reviewed by the bank. They will verify and approve the repatriation request if everything is in order.

Step 6: Repatriation of Funds

Following approval, the bank will begin the transfer of funds from your NRO to NRE account. The funds will be converted into foreign currency at market exchange rates.

Important Considerations

Keep accurate records of all transactions and certificates for future reference and compliance.
Before commencing the repatriation procedure, ensure that all required taxes and fees have been paid.
Seek professional help from a certified Chartered Accountant to ensure regulatory compliance and optimize the repatriation process.

Conclusion

Repatriating funds from your NRO to NRE account in India is a regulated process that needs adherence to Reserve Bank of India criteria. You can successfully move funds abroad and manage your finances as an NRI by following the steps indicated in this guide and ensuring you have the relevant paperwork. To guarantee a seamless and compliant repatriation procedure, keep updated with the current rules and obtain professional guidance as needed.

Seeking support? Reach out to us! info@taxvic.com
TAXVIC

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