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by jyov5
Mon Feb 19, 2018 11:42 pm
Forum: Community Lounge
Topic: OCI r2i for only 2 years. Indian tax question
Replies: -1
Views: 5

OCI r2i for only 2 years. Indian tax question

Hello, I have an OCI and moved to India after leaving abroad for 17 years in Jan 2017. I will be staying here till Dec. 2018. My dilemma is: 1. I am aware that my NRE FDs that mature in Aug. 2018 need not be converted until maturity but what happens to the interest, will it be taxed in India upon ...

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