How To Earn Extra Income At Home In India?

I am a NRI residing in India I do not earn In India but abroad is income tax liable ?

  • I am not an Indian citizen but I reside In india. I earn in another country but when I bring that money in india do i have to pay tax? why? and how much?

  • Answer:

    In India Income tax become due on two basic ground. 1- Your residential status in India for a particular financial year under Income Tax Act 1961 2- Taxable Income under Income Tax Act 1961 In summary if you are resident and have taxable income in India as per Income Tax Act 1961 then you need to file income tax return and pay income tax. For more detail visit department website www.incometaxindia.gov.in

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You need to understand - You pay tax in India only if you earn your income in India. If you are not an indian citizen and not earning anything in India , how could you become liable to pay tax in India. Whatever money you bring into india , is for meeting your expenses or enjoyment.

Purab

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