Income tax on remuneration received from overseas as salary

S S Naik (MBA) (34 Points)

15 April 2014  

HI

my friend is getting an offer from an overseas company to work full time from his house in India for them. This is more of an information gathering and report generation job.

I want to check what will be the applicable tax on such an income if it is in excess of say 25 lakhs per year.

Shivprasad