Advise on Tax implications
This query is : Resolved
10 February 2025
Namaste,
I am a canadian PR and residing in canada since last 2.5 years. I haven’t changed the citizenship, citizenship wise I am an Indian Citizen only.
Now, I am moving back to India permanently, what is the best way to send my money to India without any tax implications?
Also, I don’t have any NRE/NRO account in India.
Thanks and looking forward to get best possible suggestions soonest.
I am a canadian PR and residing in canada since last 2.5 years. I haven’t changed the citizenship, citizenship wise I am an Indian Citizen only.
Now, I am moving back to India permanently, what is the best way to send my money to India without any tax implications?
Also, I don’t have any NRE/NRO account in India.
Thanks and looking forward to get best possible suggestions soonest.
10 February 2025
If the income is already received outside India, no tax liability will arise when the whole or any part of such income is remitted to India. Check any liability with Canadian authority.
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