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Is interest earned on NRE/NRNR/FCNR/NRO a/cs. taxable ?

earned FCNR NRE NRNR nro taxable
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Is interest earned on NRE/NRNR/FCNR/NRO a/cs. taxable ?

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Ans.: No tax is applicable to interest earned on NRE/FCNR & NRNR a/cs. However, interest earned on NRO a/cs. is subject to TDS as per extant guidelines. 14.

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