Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:Is my remittance taxable?
by Amitabh on Apr 24, 2007 07:26 AM

Scholarships are exempt from tax in India.Gifts to relatives as defined in the income Tax Act are also exempt from tax.So no tax to be paid in india for the remittance.If you get a job in Europe you will be taxed in Europe only,not in India even if the money is later on remitted to India,provided you remain a non resident in India.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
All these incomes are tax-free