National Pension Scheme (NPS) is a retirement account in India similar to 401k in US. If someone has a NPS account with money in it, and they become US tax resident, how it will be taxed.

  1. One needs to pay tax on global income in US. But is this considered income or foreign stock investment ?
  2. Does asset allocation leads to change in asset it is considered ?
  3. One does not gets interest but a NAV. How will income be calculated ?

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