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Is Income From NRE Accounts Taxable in India?
No, the income earned from interest on an NRE account is not taxable in India. So, as long as you hold the NRI status or a resident but not ordinarily...
SSLast reply by
Siddharth Sethi
5Replies
What is the TDS Rate on Interest Earned in NRO Accounts?
Here is the TDS rate on the interest earned in NRO accounts, which is subject to tax in India. Recent data shows that these TDS rates are 30% with surcharges...
TKLast reply by
Tarun Kohli
4Replies
Are Dividends Received by NRIs From Indian Companies Taxable?
NRIs are allowed to get shares of the listed and unlisted companies with mutual funds that are subject to the Foreign Exchange Management Act. The tax date depends on the...
MPLast reply by
Mrinalini Pandey
3Replies
Are NRIs Required to Link PAN with Aadhar?
Yes, NRIS need to link their PAN card with an Aadhaar card under section 139AA of the Income Tax Act, 1961, for every person who is eligible to get an...
SKLast reply by
Shraddha Kunte
4Replies
How is RNOR Status Beneficial for Returning NRIs?
RNOR (Resident but not Ordinarily Resident) is beneficial for the NRIs if they have the income generated from the rent from abroad from rent, getting interests or dividends from the...
KRLast reply by
Keshav Rathi
5Replies
Can NRIs Have Joint Bank Accounts With Residents in India?
Yes, as an NRI, you can open a joint account with residents in India. You can easily open an NRO/NRE or FCNR account with Indian banks under the Foreign Exchange...
JSLast reply by
Juhi Sharma
3Replies
Are Remittances Sent to India by NRIs Taxable?
If NRIs sent you remittances, then it is not taxable if they are from the money that is earned outside India. If remittances are earned in indian, then it is...
ASLast reply by
Amit Sharma
2Replies
Is There a Limit on Remitting Income Earned in India?
Yes, there is a limit on the remittance income you earned in India under the Liberalised Remittance Scheme (LRS), where Indian individuals, including minors, can only remit up to 2,50,000$...
