Is foreign inward remittance to self taxable?

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Taxpayer
21 Points Posted on 24 December 2023

I am an Indian citizen and was working and living in the US for many years. I am visiting India for some time and qualify under the RNOR category.

I have been transferring money for my personal, day-to-day use from my US bank account to my India bank account. I have already paid taxes on this money in the US. 

Do I owe any taxes in India on this inward remittance? I have no India based income.

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On 24 December 2023 at 20:54 Report
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Accountant
1227 Points Posted on 24 December 2023
If it is already taxed in usa .. it won't be taxable here
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On 24 December 2023 at 22:07
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Profession Business
28244 Points Posted on 26 December 2023
Foreign inward remittance is not taxable.
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On 26 December 2023 at 12:31

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