section-89a

Section 89A: how returning NRIs avoid double taxation on 401(k), IRA, and foreign pension withdrawals

Section 89A lets returning NRIs defer Indian tax on foreign retirement account withdrawals until the year the amount is taxable in the foreign country. Without it, withdrawals from 401(k) and IRA accounts face Indian tax the moment you receive them — even if the US already withheld 30% at source.