Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is income/interest earned on investments/deposits held in India by NRIs on non & repatriation basis allowed to be repatriated?

April 26, 2017allowed basis deposits earned held income India investments NRIs Repatriation

0

10 Posted

Is income/interest earned on investments/deposits held in India by NRIs on non & repatriation basis allowed to be repatriated?

1 Answer

0

10 Posted

Yes, Income/interest accruing during the financial year 1994-95 and onwards on bank deposits and investments held by NRIs with non- repatriation benefits will be eligible for repatriation as under: