This discussion clarifies the taxability of income earned by Non-Resident Indians (NRIs). If salary is earned and accrued outside India, it is generally not taxable in India, even if directly deposited into an Indian bank account. The key factor is where the income was earned or accrued, not solely where it is received.
23 May 2024
If any income earned by non resident by way salary and Company directly deposits salary in indian account of such nri then such income would be taxable as income arises in india? Or it would be treated as foreign remmitance and would become exempt in india?