Reciving payment in foreign currency in personal account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2017
Hi, i wanted to know if i can recieve foreign currency in my personal savings account as commission ? Please advise tax payments for the same.
08 January 2017
You can receive foreign currency commission in your saving ac. Include the commission in your taxable income and pay taxes.
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