Taxation of NRE

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Querist : Anonymous

Querist : Anonymous (Querist)

30 January 2010 I am a NRE since 1992. Do I have to pay Income tax in India?

CMA. Dinesh S Adhikari, ACMA

CMA. Dinesh S Adhikari, ACMA (Expert)
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01 February 2010 If you are not RESIDENT according to section 6(1) then there is no need to pay any tax on your income.
However, it is not applicable for those income which you received(on first receipt basis) or for which you worked in INDIA(Sec 5(3).

But if you RESIDENT then you have to pay tax on your all income.

Please note that Resident does not mean Citizen.

Regards!!!