Salary taxable or not?
This query is : Open
18 September 2017
Hi friends,
Please help me on this issue:
A person working outside India in a German company receives salary in his NRE account or Indian bank account. What will be the tax consequences in India-
a) in case he is resident in India
b) in case he is non-resident in India.
18 September 2017
1. Fully Taxable irrespective where it received.
2.Taxable only if received in Indian Bank.
18 September 2017
Thank you. How can a person save tax in this case?
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18 September 2017
Received same in Germany.
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18 September 2017
Received same in Germany.
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18 September 2017
Thank you. How can a person save tax in this case?
If he's a resident, you can use options like 80C,80CCD,80D etc to save tax from income earned .
If he's a non resident, apart from basic exemption limit, 80C benefits are not available.
If he's a resident, you can use options like 80C,80CCD,80D etc to save tax from income earned .
If he's a non resident, apart from basic exemption limit, 80C benefits are not available.
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18 September 2017
But any person who is resident outside India& income accrued & received outside India then same is not taxable in India.
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18 September 2017
Yes. I just wanted to compare that non resident cannot claim deductiopns under 80C though irrelevant here,
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18 September 2017
Ya agreed with you on that matter.
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