I have been working in Abu Dhabi with the same company for the last 15 years. My retirement is due in April 2012 after which I will be returning to India permanently. And after my rerurn I shall be joining a company in India.
I will get an amount on retirement as end of service benefits. My question is whether there will be any tax liability on such amount received and transferred to India. And if so, what will the percentage of the tax liability.
CAclubindia
