Govt of india employee posted abroad - nri - taxation
This query is : Resolved
29 August 2015
Govt of India Employee Posted Abroad and by virtue of his stay he is Non Resident.
- His salary is taxble.
What is the taxability of Interest on FD's Held by him in NRE accounts ?
- His salary is taxble.
What is the taxability of Interest on FD's Held by him in NRE accounts ?
31 August 2015
1. His Indian salary is fully taxable as per IT calculations in ITR form.
2. No tax on FD maintained in NRE account.
3. Intrest taxable if FD made from the money transfered to some other NRO , Non-NRE account. Though transfer to his Non-NRE account if any is not permitted for a NRI.
2. No tax on FD maintained in NRE account.
3. Intrest taxable if FD made from the money transfered to some other NRO , Non-NRE account. Though transfer to his Non-NRE account if any is not permitted for a NRI.
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