NRE Account Is Not a Tax-Free Loophole: The Fine Print Finfluencers Skip

The advice sounds clean and simple: open an NRE account, put your foreign income there, and the interest is tax-free. This is technically true — while you are NRI. The day your residential status changes to Resident, that same NRE interest becomes fully taxable. And Form 168 under ITA 2025 now reports it automatically.