I am moving back to India and want to close my account here and transfer the money to an Indian account. What will the tax liability be? I don't hold an NRI account.


1 Answer 1


Assuming you are looking at moving your earnings when your tax status in India was NRI; then there are no taxes to be paid when you transfer the money back to India. You can move the funds back to India over a period of 7 years from the day you land.

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