Are you paying more tax on your NRO account interest in India? – old

Are you paying more tax on your NRO account interest in India? If you are a Non-Resident Indian (NRI) and have an NRO account in India, you might be paying 30% tax on the interest earned. This is due to TDS (tax deducted at source) deducted by banks. However, if your total taxable income in […]

NRE, NRO, FCNR Accounts Made Simple for NRIs

NRE, NRO, FCNR Accounts Made Simple for NRIs If you are an Indian living abroad, you might still want to send money to your family in India, save for the future, or invest back home. To do that, Indian banks offer special types of accounts that are made just for NRIs. But not all accounts […]