Somok Choudhury
-
Interest Income from NRO savings account
I would like to know if the interest income from fixed deposits in an NRO account in India is subject to taxation in the UK. I have already paid taxes in India on this interest and have completed the tax filing there. Do I need to declare the interest from my NRO account as foreign income in the UK, or is it exempt and only interests from NRE is required to be declared in UK? (Pls note - I have not brought any money to UK in this case)