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Income tax file
by Mohan on Apr 25, 2007 07:21 AM   Permalink | Hide replies

Sir,
I am working in gulf & have NRE account. Every month I will send money to my SBI NRE account. It is required to pay income tax? It is necessary to file income tax returns every year.
Please advice me....

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  RE:Income tax file
by Amitabh on Apr 25, 2007 10:01 AM   Permalink
Interest on NRE accounts for a non resident is exempt from tax.If you have only this income,you need not file any return.

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  RE:Income tax file
by Mohan on Apr 25, 2007 10:36 AM   Permalink
Thank You amitabh

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The above message is part of the Discussion Board:
All these incomes are tax-free