Tax related to nris

- NRE interest is exempt

- NRO interest is taxable

- NRI is liable to pay tax on the Indian income

- You can file belated return for A.Y. 2025-26 upto 31.12.2025

For detailed discussion you may opt for phone consultation

Tax related to NRIs (NRE/NRO & ITR filing)

• Interest on NRE accounts is exempt from tax in India, subject to NRI status.

• Interest on NRO accounts is taxable in India.

• NRIs are taxable only on income earned/accruing in India (Indian-sourced income).

• Belated return for A.Y. 2025-26 can be filed up to 31.12.2025.

For a detailed review of your case (DTAA benefit, TDS refund, and correct ITR selection), you may opt for a phone consultation.