Tax treatment
This query is : Resolved
09 March 2012
Dear Experts,
in case if any non residents(Indian origin) made FD with his NRE A/c. through convert us dollar in rupee & after some year FD has been matured in NRE a/c.Interest received at the time of maturity on this FD is taxable or Exempt in NRI's hand.
thanks
Dear Experts,
in case if any non residents(Indian origin) made FD with his NRE A/c. through convert us dollar in rupee & after some year FD has been matured in NRE a/c.Interest received at the time of maturity on this FD is taxable or Exempt in NRI's hand.
thanks
10 March 2012
Till date interest on NRE account is tax free.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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