MY friend is non resident staying in US. He has job there. he is paying income tax there. he has no income in india. he doesnt pay any income tax here. he has no pan card.
he has a NRE a/c in india with a nationalised bank in india. it is a saving a/c.this a/c has no operation.
very small balance.some meagre amt of SB interest is credited by bank here in his NRE a/c.
is there any income tax regulation applicable to him?
is it advisable to close the a/c?
pl guide me