How will the income from remote job be treated in india?

This query is : Resolved

Jatin Jain (Querist)
Follow

15 August 2019 Hello Sir,

I've been recently offered a Job by USA based company. The work mode is remote, so I'll be working from India and I have always stayed in India.
I wanted to understand the income tax and GST going to be levied on my income if I take up the Job offer on the basis of below details:
1. It is a full time remote job
2. Work location will be India
3. It is a contract employment and I have been given a hire letter mentioning the terms
4. Payment will come in the bank account in India as an inward remittance
5. Payment will be processed as per the payroll cycle of the company

Note - TDS will not be deducted by the foreign employer.

Ques 1 - Will the above income be treated as Salary or Business income?
Ques 2 - Is GST registration required for above income?

Could you please clarify as this affects my take home salary? Thanks in Advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

16 August 2019 1 The above income be treated as Salary as it's a remote job and contract employment. Income taxable in India.
2 GST registration is not required as it's employment.

Message likes : 1 times

Jatin Jain

Jatin Jain (Querist)
Follow

18 August 2019 Thank you Sir!
Is there any document or act that I can refer to for the same? It would be helpful to keep such document as a reference.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

18 August 2019 Refer schedule III of CGST Act

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SARAVANAN PALANISAMY

GST Karimnagar state

Darshan

Krishnamohan Gangaraju

CA Bijo scaria

Subscribe Now

How will the income from remote job be treated in india?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA