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Waht about NRI Tax ?on bank deposite interest rece
by jose Pereira on Apr 21, 2007 11:13 PM   Permalink | Hide replies

Waht about NRI Tax on bank interest receiced on fixed depoits ?



Pl advise.

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  RE:Waht about NRI Tax ?on bank deposite interest rece
by Amitabh on Apr 22, 2007 09:59 AM   Permalink
Normal bank interest would be taxable.If the account is Non resident (external) account or non resident (non repatriable) rupee deposit scheme,then interest therefrom is exempt.

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