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nre and nro int.


Akhil (Student CA )     28 June 2019

Akhil
Student CA  
 46 likes  799 points

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what are nre and nro a/c and taxability of their interests for an nri.....?

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Jinal Gada   28 June 2019

Jinal Gada

 9 likes  80 points

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NRE is non resident external account
NRO is non resident ordinary account
interest on NRE is exempt under income tax while int on NRO account is taxable

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Akhil (Student CA )     28 June 2019

Akhil
Student CA  
 46 likes  799 points

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is nro interest is eligible for 80tta or not

avater

Jinal Gada   28 June 2019

Jinal Gada

 9 likes  80 points

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yes it is eligible for 80TTA

2 Like
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subhagan sreerangam   07 August 2019

subhagan sreerangam

 213 likes  6728 points

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good clarification and information


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