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

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

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

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Yes. Income/interest accruing during on bank deposits and investments held by NRIs with nonrepatriation benefits will be eligible for repatriation. The entire income earned during the financial year 1996 – 1997 onwards will be eligible for repatriation. Note: The investment/principal amount of deposits made/held on non-repatriation basis will, however, not be allowed to be repatriated abroad.