salary in foreign currency with foreign bank a/c
This query is : Resolved
05 September 2016
F-1 visa holder get salay in foreign currency at USA with foreign bank a/c. what is the tax liability in India. he is a Indian resident?
05 September 2016
for indian "resident and ordinarily resident", as per income tax Act......the same is taxable.
For "resident but not ordinarily resident".....it is not taxable.
For "resident but not ordinarily resident".....it is not taxable.
05 September 2016
tax have been deducted by employers if it taxable in India there will be a double taxation?
05 September 2016
you can claim double taxation relief.....India is having DTAA (Double Taxation Avoidance Agreement )with USA
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