All bank account holders in India have to provide self-certification about their tax residence for Fatca compliance Interest from NRE accounts is exempt from tax, once you return and your accounts are converted to resident accounts, the interest earned is taxable
2 min read19 Feb 2019Remittances from NRO accounts are allowed based on limits prescribed by the Reserve Bank of India
2 min read15 Jan 2019Under the India Income-tax law, interest income from NRE accounts earned by an individual is exempt from tax in India, provided the individual qualifies as a 'person resident outside India'
1 min read25 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared