banner_ad

Nei tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 June 2021 Dear sir, My daughter is NRI she wants to invest in LIC's jeevan shanti by sending in GBPonds in NRO account. Whether interest is taxable in India or she should send GB Ponds in her NRE external account. Please guide me
Dilip Phatak
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
20 June 2021 Interest on NRE account is tax free. Interest from LIC is taxable in India if it's exceeding 2.50 lacs whether the payment is from NRO account or from NRE account.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details