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Back to Top of Index Question-135: What about tax benefits on funds held in FCNR accounts ?

April 26, 2017accounts Benefits FCNR funds held index tax

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Back to Top of Index Question-135: What about tax benefits on funds held in FCNR accounts ?

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Tax exemption on interest earned on deposit held in foreign currency is available to non-residents and persons who are not ordinarily resident in India as defined under Income-tax Act, 1961.