Hi,Excellent info
Pls clarify some of my doubts...
1. Should the gift be necessarily a FD or a cheque that can be collected in our SB acc will suffice???
2. 6 Months statement should be generated after getting ITA or should it be generated while creating EE???
3. Is it necessary to include 6 months credit card statements or a bank certificate indicating current outstanding debts will do???
4. last doubt (a big one .. pls bare with me) I am working for a bank. I have a salary SB which needs to be closed on my exit. So I've opened a new SB for POF this month. I am planning to create EE by Dec (afraid that rules might change next year) so if I get my ITA by Jan, I will have 5 months statement for the new account opened. Will there be a problem?? I am worried
1) Cheque should be fine but I don't know much about FD's.
2) Generated when you submit your eAPR (after ITA)
3) Not necessary.
4) That's ok. If you keep the gifted funds in your account for 6 months, there will be no need for a gift deed or evidence of your source. So if you get an ITA in Jan you can wait a few months before submitting.
All the best