NRIs must be aware: Income generated in India is taxable here

Many deductions available to resident Indians are not available to NRIs

Bindisha Sarang
Last Updated at March 2, 2023 22:09 IST

NRIs can also earn tax-exempt interest income from notified bonds and Foreign Currency Non-Resident (FCNR) bank deposits

While non-resident Indians (NRIs) live abroad, many of them retain strong connections with India. If they continue to generate income in this country, they have an obligation to pay taxes and file their income-tax returns.

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