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tax in india on taxfree salary from abroad

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If i earn a taxfree salary from outside say for example,Saudi Arabia & bring back to India,  what will be my tax implication here in India
asked Mar 5, 2012 in Taxes by shailendra (200 points)   2
    

 
 

 

1 Answer

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Income which is earned outside India by an NRI is not taxed here. An NRI doesn’t have to pay tax on the interest income in a non-resident external (NRE) account or foreign currency nonresident (FCNR) account. But you must be careful about taxes you pay in your new home country as some income that is exempt in India is taxed abroad.

 

Check the following articles:

http://www.investmentkit.com/articles/2012/01/income-tax-exemptions-for-nris/

http://www.investmentkit.com/articles/2012/04/taxation-rules-for-nris/

 

 

Hope it will help you.
Admin
http://www.InvestmentKit.com
 
answered Apr 2, 2012 by admin (47,660 points)   5 7 13

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