TDS rate on NRO Accounts

TDS 1717 views 1 replies

Can anybody tell me the rate of TDS on intt recd on deposits made in a NRO bank account

Replies (1)

30% + cess (Section 195). For section 195 only you have to continue applying cess and surcharge wherever applicable.Relief can be claimed for tax paid on this interest income at the country of residence.


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