# RNOR status can shield returning NRIs from tax on foreign income 2026-08-12T19:53:15+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Returning NRIs may qualify for Resident but Not Ordinarily Resident status, a temporary category that can keep certain foreign income outside India’s tax net. The status applies if they were non-residents in at least nine of the previous 10 financial years, or spent 729 days or fewer in India over the preceding seven years. During the RNOR period, Indian salary, rent and bank interest remain taxable. Foreign dividends, overseas rent, capital gains and offshore interest are generally not taxed in India, unless linked to a business controlled from India. NRE and FCNR interest is generally tax-free, while NRO interest is taxable at 30% plus surcharge and cess. Once ROR status begins, Schedule FA disclosures become mandatory, with penalties of up to Rs 10 lakh a year for omissions. ## Coverage - livemint.com - livemint.com Tags: foreign assets, NRI tax, returning NRIs, RNOR, tax exemption Canonical: https://indianopinion.org/rnor-status-offers-nris-tax-relief-on-foreign-income-after-return/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rnor-status-offers-nris-tax-relief-on-foreign-income-after-return/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.