Nri- tax on transfer of funds to india
This query is : Resolved
09 March 2012
Hello,
If a NRI wants to shift to India and for that purpose he transfer all his funds ( tax on which is paid in the foreign country) to India, whether he has to pay income tax in India on that amount?
Thanks
If a NRI wants to shift to India and for that purpose he transfer all his funds ( tax on which is paid in the foreign country) to India, whether he has to pay income tax in India on that amount?
Thanks
10 March 2012
No tax is required to be paid in India on the same.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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