Question:

I am an NRI planning to return India.Once I return, Can I keep my NRE fixed deposit without changing the status till its maturity. If possible, is there any tax for the NRE fixed deposit interest earned after returning till it maturity
- Jacob Abraham

Answer:

As per RBI regulations, you are required to convert all your non resident accounts to rsident ones.
K.C Joseph Varghese FCA
Chartered Accountant
Partner, M/S Thaliath & Jacob
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