Govt of india employee posted abroad - nri - taxation

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Bijoy (Querist)
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29 August 2015 Govt of India Employee Posted Abroad and by virtue of his stay he is Non Resident.
- His salary is taxble.
What is the taxability of Interest on FD's Held by him in NRE accounts ?

ALOK GOEL

ALOK GOEL (Expert)
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31 August 2015 1. His Indian salary is fully taxable as per IT calculations in ITR form.

2. No tax on FD maintained in NRE account.

3. Intrest taxable if FD made from the money transfered to some other NRO , Non-NRE account. Though transfer to his Non-NRE account if any is not permitted for a NRI.

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