Daassociates

nri

Taxation of HSA in India for NRI

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). HSAs offer significant benefits in the U.S., including tax deductions on contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses. However, for Non-Resident Indians (NRIs) who hold…

Read More