nre and nro int.
Akhil (Student CA ) (1005 Points)
28 June 2019
what are nre and nro a/c and taxability of their interests for an nri.....?
4 Replies
Jinal Gada
(80 Points)
Replied 28 June 2019
NRE is non resident external account
NRO is non resident ordinary account
interest on NRE is exempt under income tax while int on NRO account is taxable
NRO is non resident ordinary account
interest on NRE is exempt under income tax while int on NRO account is taxable
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