Income in india as nri
This query is : Resolved
01 May 2013
My daughter has started working in the USA since the past one year. In India, she is having her own Income by way of interest from loan given to her Father's business (TDS is deducted on Interest received), Income from dividends from mutual funds. In addition she pays LIC premiums, savings in ELSS schemes and deposit in PPF. Does she need to declare her Income in the USA and will she get credit for Tax deposited/deducted in India.
Can any one guide please
Thanks in advance
Can any one guide please
Thanks in advance
19 June 2013
she will pay tax in USA only for USA income.
and in india she will declare all income and take refund if any
and in india she will declare all income and take refund if any
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