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Takshinamurthy (Others)     22 June 2021

Tax on Inward Remittance

Hello All.

thanks in advance.

I was a salaried employee until March 2021. I accept a job offer for a Saudi based company and started working for it since today. I have been receiving salary through wire transfer to my savings account created in India. I will continue to receive my salary until the pandemic situation is over.

Am I liable for any tax for this salary received. Is there any limit after which my account will be frozen by the bank?

I do not have a NRI account to safely deposit this money

Regards.


 3 Replies

Sourav

Sourav (Student)     22 June 2021

For foreign income DTAA is applicable
veerendar singh

veerendar singh (tax consultant)     22 June 2021

Since you are working from home and salary is also reveived in ordinary savings account in india your salary is fully taxable in india
2 Like
Sourav

Sourav (Student)     24 July 2021

DTAA is applicable but tax will arised in India as income is deemed to accruing in India

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