Income Tax for NRI: Tax Rules for a Resident with Global Income
Tax Rules for a Resident with Global Income
An individual Indian resident working in many countries of the world will be termed as “Resident with Global Income”.
For example In case you are an Indian resident but earning income from other foreign countries, you need to pay tax on your global income in India. Tax is levied even if you have earned or received that income outside. If for one income you are paying tax in India and in another country too, you can take the benefit of Double tax avoidance agreement (DTAA). If you are an Indian resident and earned any income from abroad, it is mandatory to disclose that income in your income tax return.
What Clients Say
Prakash Verma
Praveen Chauhan
Pradeep Kochhar
Blogs
What is Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)? The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme... Read More
Use of E-way bill login portal The E-Way Bill's (EWB) purpose is to provide a single authorization for the global transportation of... Read More
What is an E-way bill? An E-waybill is a receipt or a document provided by a carrier that contains information and instructions on the... Read More
