On this page
Overview
Wrong account usage leads to tax and FEMA issues. We help NRIs structure NRE/NRO/FCNR accounts and handle TDS on NRO interest.
Key rules to know
- NRE and FCNR(B) interest is exempt in India for non-residents.
- NRO interest is taxable with TDS; claim treaty relief where available.
- Account status must change when residency changes.
How GstMan helps
- Account structuring advice
- TDS credit and refund claims
- Residency change re-designation guidance
Documents usually needed
- Bank statements
- TDS certificates
- Residency proof
Common mistakes to avoid
- Depositing foreign income into NRO
- Not updating status
NRI tax filing by country
NRI tax filing from UAENRI tax filing from Saudi ArabiaNRI tax filing from QatarNRI tax filing from KuwaitNRI tax filing from OmanNRI tax filing from BahrainNRI tax filing from UKNRI tax filing from USANRI tax filing from CanadaNRI tax filing from AustraliaNRI tax filing from SingaporeNRI tax filing from GermanyNRI tax filing from Malaysia
Frequently asked questions
Is NRE interest taxable in India?
NRE interest is exempt for non-residents. Status changes can affect this.
What is the TDS on NRO interest?
TDS is generally deducted at 30% plus surcharge and cess, subject to treaty relief on proper documentation.
