 "Kuldip Kumar")
I moved to Singapore five years earlier. I have Rs 5 lakh in a savings bank account in India. There have been no transactions since I moved out. I have not been filing taxes in India, as I have no income. Will the interest earned on the account be taxed? Do I have to file tax returns?
As you are an Indian citizen settled outside India, you will most likely be a non-resident (‘NR’) of India for tax purposes. As an NR of India, you are liable to tax in India only on your India source income. This includes any
