Does Interest on NRE Fixed Deposit is Taxable? NRI
Jun 05, 2019 · In short, No, interest earned on NRE fixed deposit is taxfree in India. If you are an India working abroad and earning in foreign currency, you have a couple of more investment options available than to a resident customer. If you keep your money or some part of your money in India, NRE fixed deposit is the best option for you.