Income earned outside India

229 views 2 replies

I have client who has Business setup in Dubai and he is located in India.

Now he wants to transfer money to India from his Customers in Dubai.

What are the best option in this matter and what are the consequences of the same.

Kindly give your best advise.

Replies (2)
Yes you can transfer through FEMA act and after getting permission from RBI.

Taxability of income in India depends on residential status, and source and place of receipt of income. In your case, the income is received directly into your bank account in India, you are liable to pay tax in India
Transfer amount through NRE Account in bank.

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