NRI and Repatriation

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This discussion clarifies the process for Non-Resident Indians (NRIs) looking to repatriate matured Public Provident Fund (PPF) amounts from their NRO accounts to overseas accounts. The consensus is that the matured PPF corpus, credited to an NRO account, can generally be repatriated without further Indian tax. However, obtaining a certificate (Form 15CB) from a Chartered Accountant confirming the exempt nature of the income is recommended for Form 15CA purposes.

rmalhotra

rmalhotra (Querist)
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19 January 2023 Sir,
Being a NRI , on its maturity I recently closed my PPF a/c and total outstanding balance amount was credited to my NRO a/c by the bank .as maturity amount is not taxable in India. It was tax free.
Now I want to repatriate whole corpus of that PPF amount thus credited from my NRO a/c to my overseas a/c in US..
Query is as under.

1. Can I repatriate this total corpus of PPF amount to my overseas a/c
2. Is there any taxation on its repatriation from NRO a/c.
3. Can I repatriate under head D of Form 15CA as Not Taxable Amount.

Pls guide on above points