New Delhi, Sept. 9 -- I am an Indian citizen currently working in the USA for more than 10 years and have contributed to a 401(k) retirement plan offered by my employer. I plan to leave my employment soon and will roll over the accumulated balance into a Traditional Individual Retirement Account (IRA). I am exploring to relocate permanently to India in November/December 2026 but intend to continue holding the IRA for another 5-6 years at least without making any withdrawals. Will the appreciation in my IRA be taxable in India after my return, even if I do not make any withdrawals during the relevant tax year?

Since your return to India is proposed in 2026 calendar year end, the tax implications will be governed by the provisions of the I...