banner_ad

Income tax applicability if amt received from Sweden bank account to Indian saving bank account

607 views 5 replies
please refer the following
1 Harleen is working in an Indian company from 2017 & in same company she got on site position in Sweden, so from August '22 is working from Sweden but her company is same

2 in Sweden, her salary received in swedish bank account
3 her company also file her income tax return as per Sweden law

4 now, she want to transfer Rs.20lac amt to her Indian Bank account
5 her query, is any tax applicable to
this amount
6 for transferring amount from Sweden bank account , is she required any special bank account in India or she can transfer the same amt to Indian Bank account

thanks in an advance
Replies (5)

She can transfer it to her Indian bank account, NRE as well as NRO, without any tax liability as per Indian Income tax act, but she should have paid her tax liability as per Swedish tax laws.

Thank you sir,

please also tell me what is NRE & NRO

 Refer:; 1.   https://www.axisbank.com/progress-with-us/money-matters/save-invest/nre-or-nro-which-account-best-suits-your-needs

OR

2.    https://www.dbs.com/in/treasures/articles/nri-hub/live-enriched/difference-between-nre-and-nro-account

Thank you so much sir

You are welcome.                          


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details