Section

FCNR vs RFC: Tax benefits; Remove spouse from NRE deposit to avoid reassessment

By Livemint - 2 months ago
The tax exemption on interest earned from FCNR deposits also applies to RFC deposits.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.