Nri taxation
This query is : Resolved
01 January 2014
If I am NRI, working outside India as a professional and received my fees from US office monthly into my NRI account in India. Is this income is taxable ?
01 January 2014
Hi
Taxability depends on your residential staus in your case.
If you status is non resident then no tax is applicable.
Thanks
Taxability depends on your residential staus in your case.
If you status is non resident then no tax is applicable.
Thanks
01 January 2014
Dear Sir,
My status is non resident, However my fees, i am receiving in India.(first time received in India )
kindly clarify
thanks
My status is non resident, However my fees, i am receiving in India.(first time received in India )
kindly clarify
thanks
01 January 2014
Hi.
No TDS is deducted.
only nominal wire transfer fees deducted
thanks.
No TDS is deducted.
only nominal wire transfer fees deducted
thanks.
02 January 2014
sir,
kindly let me know, is it taxable or not ?
thanks
kindly let me know, is it taxable or not ?
thanks
02 January 2014
Hi,
Once income is earned and received outside India, it is not taxable in India even if at a later date, the money is sent to India.
However any income earned outside India but received in India will be subject to tax in India.
Try to get remaining salary in foreign bank account to avoid your salary being taxed in India.
Thanks//VaibhavJ
Once income is earned and received outside India, it is not taxable in India even if at a later date, the money is sent to India.
However any income earned outside India but received in India will be subject to tax in India.
Try to get remaining salary in foreign bank account to avoid your salary being taxed in India.
Thanks//VaibhavJ
Message likes :
1 times
02 January 2014
Hi.
Thanks for your valuable suggestion
Regards
Maniyar.
Thanks for your valuable suggestion
Regards
Maniyar.
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