Nri taxation

372 views
User Avatar

Auditor
50 Points Posted on 06 July 2017

Hello,

I would like to ask a query that, we are offering(Indian based company) to NRI for 8-9 months to work in India. So, we need to deduct an Income Tax?. If "YES" please let me know what is the Income Tax slab rate for them and how can we calculate?.You may send an answer to chandrucg29 @ gmail.com

Thanks in advance.

Look forward to hearing the answer as soon as possible.

 

 

0 Reply Share Follow
On 06 July 2017 at 13:28 Report
Replies (4)
User Avatar

Student CA Final and Article Assistant a
252 Points Posted on 06 July 2017
yes u need to deduct tds.....and the tds is deducted at average rate....for the purpose of claculation of tds on salary there is no difference between NRI and resident....so follow the slabs which u r following for residents.
Reply
On 06 July 2017 at 13:44
User Avatar

Student CA Final and Article Assistant a
252 Points Posted on 06 July 2017
however if payment of salary is to be made in foreign currency then the amount of tax deducted is to be calculated after converting the salary payable into Indian currency at the telegraphic transfer buying rate as adopted by State Bank of India on the date of deduction of tax(Rule 26) read with Section 192(6).
1 Reply
On 06 July 2017 at 13:45
User Avatar

Auditor
50 Points Posted on 06 July 2017

Thank you for the answer.

Also wanted to know that, the NRI has to be applied for PAN first in India?.  

Reply
On 06 July 2017 at 14:17
User Avatar

40 Points Posted on 06 July 2017
Please go thru DTAA agreement..
Reply
On 06 July 2017 at 16:42

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. LTCG on sale of Builder Buyer Agreement
  2. Rule 13(2)(h) and valuation of CCDs
  3. Leave encashment, New labour code, Management cadr
  4. GST clarification needed:
  5. TDS processed with short deduction default
  6. TDS on rent paid to RNOR Landlord. Can RNOR US tax
  7. PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
  8. Transport agency accounting entry in purchase &amp
  9. REGARDING HSN CODE FOR WASHING JOB CHARGES
  10. Advance Tax Due Date 2026

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details