What happens to NRI FDs when they return back to India permanently?

Does NRE FD interest again become taxable?

For all you NRIs who plan to return back to India permanently on either a job, or business, or retirement, it is prudent to seek advice of a #financial advisor so that #taxplanning can be done.

This video also includes what happens to your income in the transition period of being a RNOR to a ROR.

Please subscribe on my YT channel, link in Bio.

#nri #nrefd #fixeddeposit #exemptinterest #nonresidentindians #repatriation #backtoindia #aadhar #pan #aadharpanlink #linkaadhar #aadharpan #taxseason #indianincometax #incometaxreturn #incometax #fileitr #incometaxindia #womaninbusiness #womansupportingwomen #financialadvisor #financialblogger #fixeddeposit

[amolsw]

would appreciate if you could use some deck or slides with bulleted points to explain this.

[usmanmohiddinmahammad]

Well explained, but I would like to know the timeline of closing NRE/NRO Accounts as per FEMA guidelines. Since there is intermediate period of transition of RNOR Status . Thank you.

[rahul]

Thank you

Can you please tell what will happen to demat account once nri returned to India ...do he have to sell all the stocks??

[sourabhjain]

Does an OCI holder living in India for more than 180 days has to pay less TDS like citizen or more TDS like NRI while selling property.

[AngelaDsouza-drqp]

You already explained, so why go to a CA for advice on this. ?

[rimichoudhury]

What about an NPS account if the NRI returns to India? Do you have any knowledge on this?

[lucven]

I am a uk naturalised uk citizen with pan card which i applied a while ago with form 49a ( as i had adhaar card with indian adress) just realised i need to apply with 49aa as i am british citizen, do i need to change this and reapply again With right form ie 49aa?

[jaishreeram]

Nicely explained mam, subscribed the channel. Can you also tell please how much FD tax needs to be paid if I come mid of a year (lets say I come back in September and my account got converted in December). In this case, do I need to pay tax for whole year or only from the time period when I came back to India

[SanjayGupta-ntvn]

Explained very nicely.

But is still very confusing.

I did close but not sure about being taxed.

Demonetisation, GST, Killed all my aspirations along with my investments in ‘Make in india’

Dad, father-in-law and few of my employees passed away during Covid-19

Athmanirbharath is the only thing going on now...🙏🏽

[KanwalMadahar]

You are WRONG and the information that you have provided is incomplete. If you are a US Citizen, receiving USA Social Security benefits, and any US Government pensions those two categories can not be taxed by Indian government. Only US Government can collect income tax on those two types of benefits. Please research this issue and correct your video.

[LOMASH]

Ami plz speak in hindi whenever you post...It will help you more than english..