Taxation of income earned abroad in India depends on the individual s residential status. Indian income is always taxed in India, regardless of residency
State Bank of India (SBI) has launched a digital service on its mobile app YONO, allowing Non-Resident Indians (NRIs) to easily open NRE and NRO accounts. This service is designed for new customers, providing a hassle-free process for account opening and management. SBI has leveraged technology to create a seamless and efficient account opening process, offering a one-stop solution for NRI banking needs.