Principal and interest accrued in NRE savings deposits are tax free and fully repatriable as long as I maintain NRI status, regardless of the amount -is this correct?
Related Questions
- Principal and interest accrued in NRE savings deposits are tax free and fully repatriable as long as I maintain NRI status, regardless of the amount -is this correct?
- Whether resident individuals under this Scheme have to repatriate the accrued yield on deposits/investments abroad, over and above the principal amount?
- Are any tax concessions available to NRIs on balance/deposits held in NRE / FCNR accounts ?