Transferring money from India to the USA?

Taxes on Transfer of Money from USA to India?

• Hi , I was in usa for 3 trips and had saved 6000 USD. I had filed tax returns in usa last. I was getting Interest less than 2 dollars per year the I had recently transferred the money to india. Pl do let me know if i need to pay tax on this income in india.

• Answer:

  As you state you were in the US on 3 trips and had saved 6000 quids, I take it that you are a resident of India for tax purposes i.e. you have stayed in India in the financial year for more than 183 days. That makes you a resident of India for that tax year. But if between 1st April and 31st March of the next year, you have stayed on work for more than 183 days OUTSIDE India, that makes you a non-resident for that year. In such a case, you need not pay tax on your external earnings. Now you yourself decide.