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  • 15% Tax Credit relief on Indian NRE account

    I read the NRE account holders can claim 15% tax relief in interest earned in India even if no tax was actually paid there. Is there a time limit on how far you can go back. Another question If a basic rate taxpayer receives £1,000 interest in his NRE account on which he has not paid any tax but claims the 15% tax relief here will he get a refund of £150?