Hi,
If my status change to ordinary resident of India for FY 2023-2024 and I withdraw Singapore Central providend fund(Cpf) same year and transfer to Indian account. Will there be any tax incurred in India for the entire amount or will the tax be only for the interest earned after my status change?
Thanks!
Interesting question. In theory only interest earned after residency. But it is best to get it from authorised source like IT Dept.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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