How is the income in an NRO account treated for taxation in India?
AExempt from all taxes
BSubject to wealth tax only
CFully taxable as per Indian income tax laws
DOnly taxed on repatriation
No.1 PSC Learning App
★
★
★
★
★
Related Questions:
What distinguishes Scheduled Banks from Non-Scheduled Banks in terms of central banking privileges?
The legislative framework under which most commercial banks operate in India is provided by the:
What is the primary purpose of an NRO account?
The principle of subrogation is an extension of which principle ?
The banker has a lieu on