{
  "id": 10636426,
  "title": "NRI status changed: Will NRE FD interest be taxable?",
  "url": "https://urgent.news/2026/09/29/nri-status-changed-will-nre-fd-interest-be-taxable",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-29T07:15:04.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/tax/my-nri-status-changed-will-interest-earned-on-my-nre-fds-be-taxable-in-india/articleshow/134559175.cms"
  },
  "original_language": "en",
  "account": "The interest earned on NRE fixed deposits earned by an NRI who has since moved to India and become a resident is taxable in India. According to Section 10(4)(ii) of the Income Tax Act, NRE interest remains exempt only if the investor remains a resident outside India under FEMA, 1999. When an NRI returns to India for employment, business, or to settle in the country, they become a FEMA resident from the date of arrival. The 182-day rule does not apply to returns with the intent to stay. If the NRI's return triggers FEMA residency, any interest on NRE FDs earned after that point will be taxable at slab rates.",
  "summary": null,
  "key_points": [
    "NRE FD interest taxable for NRIs who become Indian residents.",
    "Section 10(4)(ii) exempts NRE interest only for NRIs outside India.",
    "FEMA residency triggers tax on NRE FD interest post arrival."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}