Manish
My question has been answered in a different thread. The 401k / CPF amount earned will not attract tax even when you become a Resident.
But remember you will need to pay tax on the interest earned on the amount.
thanks
Search found 4 matches
- Wed Oct 10, 2012 8:11 pm
- Forum: Community Lounge
- Topic: Tax on Foreign Provident fund after RNOR status lapses to Resident status
- Replies: -1
- Views: 12
- Thu Oct 04, 2012 7:48 am
- Forum: Admin Back Office
- Topic: R2I From Singapore ? Question on Provident Fund Savings (CPF) withdrawal
- Replies: -1
- Views: 24
R2I From Singapore ? Question on Provident Fund Savings (CPF) withdrawal
Thanks Chakraan for confirming that we do not need to pay tax to Indian authorities on the foreign CPF amount that we get into India thru NRE account after our status turns as Resident.
- Wed Oct 03, 2012 10:31 pm
- Forum: Admin Back Office
- Topic: R2I From Singapore ? Question on Provident Fund Savings (CPF) withdrawal
- Replies: -1
- Views: 24
R2I From Singapore ? Question on Provident Fund Savings (CPF) withdrawal
Hi RRK I posted a simliar query in another thread. Didnt see this thread before posting. [URL]http://www.r2iclubforums.com/forums/showthread.php/29500-Tax-on-Foreign-Provident-fund-after-RNOR-status-lapses-to-Resident-status[/URL] Please advise where can I find information that states CPF amount is ...
- Fri Sep 28, 2012 9:21 am
- Forum: Community Lounge
- Topic: Tax on Foreign Provident fund after RNOR status lapses to Resident status
- Replies: -1
- Views: 12
Tax on Foreign Provident fund after RNOR status lapses to Resident status
Hi I would probably be returning to India late this year/early next year.As I was an NRI for 9 preceding years, I would be an RNOR for 2 years. I dont intend to give my foreign residency visa in Singapore (PR as it is called) as yet. Eventually it will expire in 2016. Once it expires I will receive ...