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    <title>INCOME RECEIVED IN NRE ACCOUNT</title>
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    <description>Salary paid by a foreign employer into the taxpayer&#039;s Indian NRE account was treated as received in India and therefore taxable on a receipt basis when the taxpayer was an Indian resident; foreign tax deducted may be credited against Indian tax. Interest on the NRE account is tax-exempt. A practical banking note states salary should typically be received in an NRO account as transfers to NRE accounts are not permitted.</description>
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      <description>Salary paid by a foreign employer into the taxpayer&#039;s Indian NRE account was treated as received in India and therefore taxable on a receipt basis when the taxpayer was an Indian resident; foreign tax deducted may be credited against Indian tax. Interest on the NRE account is tax-exempt. A practical banking note states salary should typically be received in an NRO account as transfers to NRE accounts are not permitted.</description>
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