NRO/NRE Accounts

[Galactus]

What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings?

 

[snoww]

3 minutes ago, Galactus said:

What are the tax implications for holding these accounts in India or US? How do you report the interest from these accounts if any in ITR filings?

 

Majority report seyyaru. 

[Galactus]

4 minutes ago, snoww said:

Majority report seyyaru. 

I want to report ba , honest batch ikkada

[ForEverJava]

2 minutes ago, Galactus said:

I want to report ba , honest batch ikkada

Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA

[Galactus]

Just now, ForEverJava said:

Use FBAR ..only i think if income in india certain limit 10000$(not sure exact limit) ..just check with your CPA

oh ok , thanks

[Smartboy_Bakra]

Does not matter income.  Holdings  report cheyyadaaniki fbar.  8 yrs nunchi reporting ikkada