I would like to request you to clarify my doubts about payment of income tax on the global income of a resident.
I am an employee of the Govt of India. With the approval of the Govt of India, I am on secondment ( deputation) to the Govt of UAE to work on a pilot project of the Govts of India and UAE. In fact, I am on an employment visa of the Govt of UAE and getting salary from UAE Govt. I joined UAE Govt on 3rd January, 2010. I will go back to India on 2nd January, 2011. I get a lump sum salary( all inclusive). I send remittances to my wife’s savings bank account. Now my questions are— (i) For the FY 2009-10, will I be treated as a resident for the purpose of Indian Income Tax? (ii) Do I have to pay income tax to Indian Govt on my salary from UAE Govt for Jan-Mar, 2010? (iii) If (ii) above is yes, how my taxable income will be calculated? I mean, whether any documentary proof is required or not. Further, how the conversion of currency will take place, i.e. at what rates ( Is there any official rate or depends on the market rate of exchange). (iv) Will I get any exemption in determining my taxable income? Because the house rent here is around Rs 50,000 per month. (v) How will I pay the income tax, who will calculate and how to file a return? (vi) Here, there is no tax on my salary. They do not even issue any pay slip. Gagan Rawat
My PPF matured after extentions ie 15 years. I have now returned and intend to approach the PO for the full payment. Meanwhile I have stayed in india for about a month and do not have an employment contract in hand. If I stay beyond the 180 days then how should take the payment and what will be the minimum tax liability. Please advise. Norbert
I am residing in UAE since 17.10.2008 on residence visa.
I was working in India till 10.09.2008 and have the form 16 for the same.
Thereafter, I was idle in India till 17.10.08 I arrived at UAE on 17.10.08 and my employment in UAE firm starts from 19.10.08 to till date
Salary is the only source of my income. Request you to please advise if my foreign income needs to be declared in the ITR-1 form when filing my returns for the FY' 08-09
I have worked in India till oct 2008, after that I moved to Gulf country , in that period company deducted Rs 60,000/- as income tax can, I claim for refund from income tax office, can you suggest for me,I am filing regularly last 7 years and paying tax .For going to Gulf I encash my leaves,for that company deducted Rs 54,000 as tax, waiting for your reply
I worked in a company which paid me in Indian Rupees but sent me outside india for a project,After 4 months I joined a foriegn company and completed 185days outside India,Can I cliam tax-refund for the salary earned in the Indian Company as I was working outside India.
Interest income earned on NRO fixed desposit a/c is taxable at what rate? On those slab rate that is available to normal resident? 30.6% deduction from NRO a/c income is TDS or Tax. Can i claim refund if TDS is more then my actual tax liability.
Re: NRI Status
by taru sawhney on Nov 01, 2008 02:16 PM Permalink
Yes its allowed to do a break up of the days at various occasions, as long as u can complete 183 days outside India in 1 financial yr.
Hi, I am an NRI and am planning to go back to India. I have to join India office on 1st september. Could you pls guide me whether I will have ti pay tax any tax on income earned abroad in this finacial year. Thanks
