Foreign salary

i want to know how a return is filed if i receive Salary Rs 250000 in india for 6 months and SGD 700000 in singapore in another six months.

Am i required to to tax calculation taking into consideration SGD 700000, am i required to pay tax to indian government 

Please explain and help me with the tax calculation

Priya

Replies (5)

Ms.Priya Gupta

First of all the residential staus of an assessee has to be determined.  Depending on the residential status of the assessee the tax on the income earned in foriegn country will be taxed in India.

You are a prospecting Chartered Accountant go through section 6 of Income-tax Act.

Best Wishes

Sathikonda

Please refer section 4 to section 9 of Income Tax act for determination of income in the hands of assessee.

 

Futher refer Section 89 and Section 90 for benefit of double taxation i.e. tax paid in foreign country also.

And for taxes paid in SGP , you will also get tax credit in India

Refer section 4 of the income tax act and provisions of double taxation.....as specifically in your case you will also get tax credit paid in foriegn country. 

Is it ok if a new NRI gets TDS on his overseas salary there &

continues to submit his ITR regularly in India as a resident on his interest income from Indian pvt. parties, derived from his old income generated & accumulated capital in India as before usual, U/S 115-I

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details