I have general inquiry on below scenario of myself moving to Singapore:
1. I have income in my current company till approx 20-Sep-2022
2. I will be moving to Singapore on 26-Sep-2022 and earning in Singapore dollars will be started.
Questions:
1. In India, FY 2022-2023 - Do I need to declare singapore earnings? Will that be taxable? I will pay tax in Singapore for 3 months as financial year ends in Dec-2022. Moreover, as per Indian FY, I will also get salary in Singapore for Jan-2023 to Mar-2023. How to consider that?
2. If I send Singapore dollars to India's NRE account, will that amount be taxable?
3. How to handle Singapore's financial year (Jan-Dec) vs India's financial year (Apr-Mar).
Please suggest
CAclubindia
