TDS Rate on NRO Account FD

This query is : Resolved 

25 March 2009 what is the rate at which TDS is deducted on interest on FD in NRO Account

25 March 2009 TDS is applicable at 30.9 per cent (plus surcharge, if any) on the entire NRO interest

Source: http://www.moneycontrol.com/india/news/nri-experts/is-interest-earnedmy-nro-account-taxable/378553



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