A Person Resident (Working in India in Forign Company) and earning salary in Swiss Franks. What is the Tax benefit?
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I tax rebate if any
Replies (6)
no special benifits..as income is generated and received in india.........taxable as income from salary
As you are resident in india and earning in terms of foriegn currency no rebate will be allowed you will be taxedin terms after converting the foriegn currency into indian rupees..
Convert earnings in Indian currency and compute tax as income from salary, no rebate will get.
RESIDENT + working in INDIA . you got to be kidding me . NO benefit . calculate tax as per slab rate .
Thanks to All
A Resident working in India having SALARY,no tax benefit at all.
Liable for tax under normal tax system.
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