Category Investments, NRI / OCI, Taxation, Wealth Management Are FCNR deposits with Forward Cover Completely Tax free for NRIs in India? August 26, 2013 Recently, due to volatile rupee and favorable currency exchange rates, Banks have been aggressively marketing... Tags Bank, Compliance, Conversion, Exchange Rates, FCNB Premium Account, FCNR, FD, FEMA, Financial Account, Foreign, foreign exchange, forex, Forward, forward contract, forward cover, HDFC, HDFC NRI, HDFC RupeeMax, ICICI, ICICI NRI, ICICI Rupee Plus, Income Tax, India, IndusInd, Investment, Kotak, NRE, NRI, NRI Investment, NRO, OCI, PIO, Premium Rupee Plan, RBI, Rupee Advantage Plan, Rupee Multiplier, Rupee Plus Plan, Ruppe Max, SBI, Tax, Yes Bank Read More Category Investments, NRI / OCI, Wealth Management Should NRIs invest in FCNR deposits with Forward Cover? May 6, 2013 With FCNR rates regulated by RBI and volatile foreign currency market, a lot of banks... Tags Bank, Deposit, exempt income, FCNR, FCNR deposit with forward contract, FCNR interest, FD, Fixed Deposit, foreign exchange, forward contract, forward cover, Income Tax, India, Investment, NRE, NRE interest, NRI, NRI Investment, OCI, PIO, RBI, return, Tax Read More
