NRE vs NRO | ऍन.आर.ई. एवं ऍन.आर.ओ. खाते में क्या अंतर होता है ? | CA Anoop Bhatia

Tax Planning Course: taxplanningfor...
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. नमस्कार दोस्तों NRE एवं NRO खाते में क्या अंतर होता है, इन दोनों खातों के ब्याज का टैक्सेशन किस प्रकार होता है तथा साथ ही साथ NRE एवं FCNR खाते में क्या फर्क होता है इन्हीं प्रश्नों के उत्तर के रूप में यह वीडियो आपकी सेवा में प्रस्तुत है। आशा करता हूँ आप इस वीडियो को उपयोगी पाएंगे आपके बहुमूल्य कमैंट्स एवं सुझाव सादर आमंत्रित हैं।
Hello Friends, what is the difference between an NRE and an NRO account, what are the income tax rules regarding the income arising thereof and what is the difference between an NRE and a FCNR account, these are the questions which aer answered in this video. I hope you will find it worth watching. Your precious comments and suggestions are most welcome.
#WhatIsNREAccount
#WhatIsNROAccount
#NREVsNRO
#NROVsNRE
#FCNR
#NREAccount
#NROAccount
#FCNRVsNRE
#TaxOnNREAccount
#TaxOnNROAccount
#TaxOnFCNRAccount
#IncomeTaxOnNREDeposit
#IncomeTaxOnNRODeposit
Timeline
00:20 Coverage
00:46 Who is an NRI ?
01:59 Why to have an NRE account ?
02:36 Why to have an NRO account ?
03:12 What is the difference between these two accounts ?
05:05 What are the tax implications thereof ?
05:39 What is the difference between NRE & FCNR a/c ?
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[@omparkashsharma4318]

Sir, Bahut badia. No dilly dally, seedhi baat with 100% clarity

[@CAAnoopBhatia]

Thanks Om Prakash ji.

[@Kashi8238]

सर्,
यह बहुत ज्ञानवर्धक वीडियो रहा,
आपकी सेवाओं को प्रणाम।

[@CAAnoopBhatia]

Dhanyavaad Rahul Bhai.

[@RajeshVermaAdvocate]

Thanks sir 👍

[@amodbhate129]

Sir you explain in very simple way rather than making it comext.

[@CAAnoopBhatia]

Glad to hear that. Thanks.

[@SSA-ShivSatish]

Dear Sir, Thanks for such Short and more informative videos...

[@CAAnoopBhatia]

You are most welcome Satish bhai.

[@NiteshPatel-bc3zb]

Sir very nice Short and too the point video

[@CAAnoopBhatia]

Thanks and welcome Nitesh bhai.

[@sks5379]

Excellent information. God bless you 🙏

[@CAAnoopBhatia]

So nice of you, Thanks.

[@vishwanathrnayak6229]

Thank you for very informative video.🙏🙏

[@CAAnoopBhatia]

Glad it was helpful!

[@harshagrawal989]

Thank you sir for the clarity

[@CAAnoopBhatia]

Always welcome Harsh.

[@akhiljain1429]

Looking forward for more such videos on Non Resident Indians.

[@CAAnoopBhatia]

Thanks Akhil bhai.

[@Bharatwasi123]

Very informative video sir ji

[@CAAnoopBhatia]

Thanks Manoj bhai.

[@udaanudaan5978]

👍

[@CAAnoopBhatia]

Thanks :)

[@balmikiparasdgupta614]

Thank you Sir

[@CAAnoopBhatia]

Most welcome Sir.

[@devindersethi14]

GOOD

[@CAAnoopBhatia]

Thanks :)

[@salmanshaikh-ee4or]

Sir what is difrent NRE Saving or current account

[@ashokkumarsingh2237]

👆👌👍❤️💓🌹🕉️🇮🇳🙏

[@cayogeshagarwal7449]

Sir as you said nro account can not be opened in FDR format. What if an NRI want to open FDR out of his Indian income

[@CAAnoopBhatia]

Yes that may be opened up no restriction on that as such.

[@hirenpatel2505]

Dear sir nro saving account mai tds deduct hot hai kya ya phir only nro fixed deposit me tds deduct hota hai

[@CAAnoopBhatia]

In my opinion NRO saving account should also have TDS implications.

[@vinayakaprabhu1764]

Sir.
I was supposed to get $100 USD. I got it through PayPal. Paypal company converted the money from USD and sent it to my Indian normal Savings account. Paypal did charge me transaction charges and conversion fees.
Since we have a lot of applications like Paypal, what is the use of an NRO account then?
Also recently I also received money to my DBS account in USD, so I couldnt understand the benefit of NRO vs normal Indian Savings account as there is no tax benefit as well on the same.
Regards.

[@bububal3336]

Sir can you plz tell I am an employee of Indian company and getting salary in INR but staying out of India for long term due to my work. So i will consider as NRI or not.

[@CAAnoopBhatia]

Yes the period of stay out of India is relevant to determinethe residential status but not mere receipt of salary.

[@gauravgupta8094]

If i file a manual revised return for AY 2019-20 and pay the tax now , still Will the jurisdictional ITO refers the case to NeAC at the time of 148 or drop the case as the tax has already been deposited by the assessee by filing a manual revised return
Pls answer

[@CAAnoopBhatia]

It's not compulsory that 148 will be taken up. You are saving yourself prima facie from penalty levy in my opinion.

[@gauravgupta8094]

@@CAAnoopBhatia
WILL the ITO accept the manual revised return filed after due date and tax has been duly paid and may think that 148 can be dropped because the ultimate thing that dept wants is tax and assesse has paid the tax by filing manual revised return(original return was filed on time for AY 2019-20)

[@jayeshsharma1357]

Hello Sir,
If NRI has its income earned outside India and received the proceeds in NRE a/c then he transferred the proceeds in NRO a/c then whether that income will be taxable in India? Thanks in advance.

[@CAAnoopBhatia]

Prima facie no such income will not be taxable in India.

[@jayeshsharma1357]

@@CAAnoopBhatia Thank you very much sir. You are uploading very useful videos for our conceptual clarity.

[@rsmoond]

Nicely explained sir

[@CAAnoopBhatia]

Thanks and welcome Rajendra ji.