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NRO Account Tax liability?
by Rajinder Singh on Nov 05, 2008 12:13 AM

Interest income earned on NRO fixed desposit a/c is taxable at what rate? On those slab rate that is available to normal resident? 30.6% deduction from NRO a/c income is TDS or Tax. Can i claim refund if TDS is more then my actual tax liability.

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The above message is part of the Discussion Board:
For NRI, Rs 150K of income is tax free