22 September 2012
I was deputed to Thailand on long-term project by my employer of Bangalore in 2007. I was then paid salary in India and a living allowance in Thailand. During that time I was double taxed - TDS was deducted in India for Thailand allowance as well whereas Thai tax charged me tax food Indian income too. To avoid this double tax problem I was moved to Thailand payroll as Thai employee with work permit in 2008. Since then I had only Thai salary - nothing from India.
I have returned to India and joined my new employer on 3-Sep 2012. My work permit in Thailand is already terminated. My PF and other separation benefit are now lying in Thailand.
I need clarity on the following:
1.Now that I am no longer an NRI how long can I keep my money in Thailand? Is there any specific time period within which I have to get back the money to India?
2. Do I have to pay tax on my Thailand income? All my income in Thailand had been taxed (TDS).
22 September 2012
During your stay at Thailand, you were NON RESIDENT as per indian income tax and hence the salary earned in Thailand was not taxable in India. The money saved out of this salary at Thailand, (Which may have some element of THAI allowance received by you in the initial days) , can be brought to India anytime you wish. Remittance is not taxable in India even if you are now "RESIDENT and ORDINARILY RESIDENT" in India.