NRE interest taxation policy

Tax queries 149 views 2 replies

I earned interest on NRE account last financial year. 


But I spent more than 182 days in India last financial year, came back from abroad in August. After I came back, converted the NRE account to a normal savings account in Januray.


Does I need to pay tax on that interest earned on NRE account ?

Replies (2)
Interest Receive and 182 days in India both are in same year or different
second in which year interest received

yes same financial year.


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