salary taxation

Salary Earned Abroad Not Taxable in India Even if Received in India !

For quite long time , the tax department was confused about the taxation of salary of non-resident Indians who went abroad either to join...

CBDT Halts Assessment & Recovery u/s 115JB of FIIs & FPIs Cases Immediately

The government has acted fast , maybe , to bolster the falling stock market and prop the sentiment among the Financial Institutional Investors (FIIs)...
tds on advertisement payment

No TDS on Advertisement Payment to Facebook, Google , Yahoo ! Here are the...

Whether TDS on advertisement payment to Google , Facebook or Yahoo or Buysellads.com etc  required under section 195 of the Income Tax Act is a...
DTAA

DTAA supersedes I T Act !

Payment to non resident requires compliance of section 195 of the Income Tax Act , that requires that before remitting , tax at source...

Section 195(6)-Filing of Form 15CA or 15CB- Can’t be Enforced in Absence of Rules...

Now that new Finance Act 2015 has enacted a new provision u/s 195(6) of the Income Tax Act to provide that everyone remitting sum...

Gift to NRI or PIO by Resident Relatives : FEMA & Taxation SImplified !

There maybe any number of circumstances or reasons for which a resident Indian desires to gift a non resident Indian or a Person of...
salary of foreign employees

Salary of Foreign Employees Tax Free in Six Circumstances

The salary accrues at a place where service is given . As such salary received by the foreign citizens who are non resident and...
filing of returns

No Filing of Returns by NRI or Non-Resident or Foreign Company in Certain Situations...

Income Tax Act provides for filing of returns by assessees if the gross income is in excess of exemption limit and for company and...
NRE account

Is salary received in NRE account in India For services rendered outside India by...

Let us start with an example of a Non Resident Indian who is employed in a foreign country with a foreign employer. Because of...
non_resident

Plan Your travel for Retaining Non Resident Status.

Having the status of non resident in India is certainly beneficial tax wise . But the moment one becomes resident under Income Tax Act,...

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