Interest income

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 March 2012 whether interest earned in NRE a/c by NRI is taxable in India or Not ?

16 March 2012 Seems exempted from Income tax. Please see section 10(4)(ii) of the Income tax Act,1961.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 March 2012 thak u very much sir


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