RNOR taxable income or not
This query is : Resolved
13 December 2025
I am a citizen Of India . I came to Mumbai in dec 2024. I was living in Switzerland . I am now back in India for good . I applied tax 2024 - 25 as Nri itr2 . Then now for 2025-26 I will be applying as RNOR status . I have swiss pension in Switzerland which employment pension fund. I will be bringing this pension to India now in 2025- 26 . I will be receiving this money in my indian bank savings account . Will this swiss pension which I accumulated in Switzerland will be taxable once I receive it in my indian bank savings account thankyou
13 December 2025
Since you will be filing as RNOR (Resident but Not Ordinarily Resident) for FY 2025–26, your Swiss employment pension accumulated abroad will not be taxable in India merely because you remit it into your Indian bank account. RNORs are taxed in India only on income that is earned or accrued in India. Foreign income earned before becoming resident (like your Swiss pension fund) is not taxable when brought into India.
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