FDR interest created out of NRE account of a NRI
Rahul Rustagi (Student CA Final ) (310 Points)
10 April 2019Thanx & Regards
Rahul Rustagi
Rahul Rustagi (Student CA Final ) (310 Points)
10 April 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14163 Points)
Replied 10 April 2019
Interest on NRE and FCNR account are tax free
please confirm with others also .
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 10 April 2019
Jitesh Sinha
(other)
(280 Points)
Replied 11 April 2019
Interest earned on Non Resident External (NRE) accounts and Foreign Currency Non Resident (FCNR) accounts are tax free in India. Hence, there would be no TDS.
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 16 April 2019
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