NRI Tax Rules: Interest on NRE, NRO and FCNR Accounts Explained Interest earned by NRIs is treated differently depending on the type of bank account, with NRE and FCNR deposits generally
RBI Eases Priority-Lending Rules to Encourage Fresh NRI Deposits Loans backed by eligible new FCNR(B) and NRE deposits will be excluded from banks’ priority-sector lending calculations The Reserve Bank
ITAT Rules Foreign Salary Credited to NRE Account Not Taxable for NRIs Tribunal sets aside ₹12 lakh tax demand, reaffirming tax treatment of overseas earnings for non-resident Indians PRAVASISAMWAD.COM In a significant
NRI Deposit Inflows Fall Nearly 30% in Early FY27 Despite RBI Support Measures Lower inflows into FCNR(B) and NRE accounts weighed on overall deposits, even as the Reserve Bank introduced measures to attract
NRIs Urged to Update Banking Details and Avoid Common NRE, NRO Account Errors Failure to update residency status and account information could lead to regulatory, tax and banking complications PRAVASISAMWAD.COM Non-Resident Indians (NRIs)
NRI deposit inflows slip 16% in FY26 as weaker Rupee impacts sentiment In contrast, NRE deposits rose 41.7 per cent to $5.06 billion, while NRO deposits increased 24.3 per cent to
ITAT Ahmedabad rules foreign salary in NRE account not taxable in India The ruling reinforces the settled legal position that foreign salary earned and received outside India by a non-resident is not
NRI bank deposits in India see sharp dip as foreign currency inflows fall Despite the slowdown in fresh inflows, the overall picture remains stable By the end of November 2025, total NRI deposits
Nri deposit inflows dips in Fy26 NRI deposit inflows ease as FCNR(B) contributions slow in FY26 While NRI deposit inflows have moderated in FY26 so far,
Bank of Baroda launches Global Account for NRI women Bank of Baroda introduces a tailored savings account to cater to the financial needs of NRI women worldwide. PRAVASISAMWAD.COM Bank