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Income tax applicability if amt received from Sweden bank account to Indian saving bank account

608 views 5 replies
please refer the following
1 Harleen is working in an Indian company from 2017 & in same company she got on site position in Sweden, so from August '22 is working from Sweden but her company is same

2 in Sweden, her salary received in swedish bank account
3 her company also file her income tax return as per Sweden law

4 now, she want to transfer Rs.20lac amt to her Indian Bank account
5 her query, is any tax applicable to
this amount
6 for transferring amount from Sweden bank account , is she required any special bank account in India or she can transfer the same amt to Indian Bank account

thanks in an advance
Replies (5)

She can transfer it to her Indian bank account, NRE as well as NRO, without any tax liability as per Indian Income tax act, but she should have paid her tax liability as per Swedish tax laws.

Thank you sir,

please also tell me what is NRE & NRO

 Refer:; 1.   https://www.axisbank.com/progress-with-us/money-matters/save-invest/nre-or-nro-which-account-best-suits-your-needs

OR

2.    https://www.dbs.com/in/treasures/articles/nri-hub/live-enriched/difference-between-nre-and-nro-account

Thank you so much sir

You are welcome.                          


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