ALL persons holding an Indian citizenship to pay TAX on their WORLDWIDE Income

[micxas]

50 minutes ago, EzMcSquare said:

Its not true. India and US already tax agreement where indians need to pay tax only once which is already being paid in US. So no tax for the money which sent to india.

But if in india if you do fixed deposit with that money u will be taxed as per income tax. Bcoz that money in india is making money i.e doing business i.e earning interest.so its eligible for income tax for the fixed deposit account holder.Check more on india income tax brackets.

 Thanks man.. 

[kevinUsa]

micro info investments 

[nuzvid_mamidikaya]

3 hours ago, solman said:

US lo work avutundhi kada.. enduku work kadu manaki... Actual gaa idhi machi rule... Indian govt ki manchi income vastadhi ee rule implement cheste....

govt ki vasthey manaki enti? avi political leaders pockets loki velthai.

[kevinUsa]

3 minutes ago, kevinUsa said:

micro info investments 

 

[Merabharathmahan]

1 hour ago, EzMcSquare said:

Its not true. India and US already tax agreement where indians need to pay tax only once which is already being paid in US. So no tax for the money which sent to india.

But if in india if you do fixed deposit with that money u will be taxed as per income tax. Bcoz that money in india is making money i.e doing business i.e earning interest.so its eligible for income tax for the fixed deposit account holder.Check more on india income tax brackets.

NRI person india lo FD NRE or NRO account tho chesthe dani meeda vache interest paina usa lo tax kattali. NRE account lo FD chesthe india nundi TDS tax on interest emi undadu but you have to pay tax on that interest amount in usa. okavela NRO account lo FD chesthe PAN number provide chesthe 15% TDS  something cut chestaru then you need to pay 15% more percent in usa, if you did not provide PAN in NRO then 30% TDS on interest india lone bank nundi cut avutundi. 

[Ambrose]

5 hours ago, mastercheif said:

Whatsapp ante idhi nijam

[Ambrose]

 

4 hours ago, kevinUsa said:

education in foreign countries free cheyali.

health care should be free

4 hours ago, xxxmen said:

evarki India citizens ka? 

[solman]

2 hours ago, Bhai said:

Db lo @solman Vuncle aa

nannu enduku involve chestunaru rao garu... 

[BUDDY]

1 hour ago, Merabharathmahan said:

NRI person india lo FD NRE or NRO account tho chesthe dani meeda vache interest paina usa lo tax kattali. NRE account lo FD chesthe india nundi TDS tax on interest emi undadu but you have to pay tax on that interest amount in usa. okavela NRO account lo FD chesthe PAN number provide chesthe 15% TDS  something cut chestaru then you need to pay 15% more percent in usa, if you did not provide PAN in NRO then 30% TDS on interest india lone bank nundi cut avutundi. 

thats how dual tax treaty works man , nuvvu oka country lo pay chesthey inko daanlo cheyakarledu , but u have to pay tax in atleast one of these countries , FD paina ultimately u'll endup paying 30% tax be it either in india or US

[galiraju]

I would probably goin to give up in 2018...

[kasir7]

This is false bhayyas. Idi correct kaadu even for US citizens below is the details 

"The latest threshold for tax-free earnings for US citizens is $101,300 of foreign earned income for the 2016 tax year. The key words here are earned income. Rental income, dividends, interest, capital gains etc. are not classified as earned income and will be subject to taxation. This exclusion is only applicable if you file your tax return."

 

Idi kakunda Housing limits ani ila chaala exclusions unaai. idi implement cheyadaaniki two countries madhyalo reciprocities kuda undaali for taxable earnings. Edo India lo anukogaane saripodu. Mana India ki inka antha demand chese right raaledu, So even to implement this rule it will take a lot of time. So andaru chill and do pandaga...

[k2s]

K

[princeofheaven]

6 hours ago, solman said:

The Government of India will introduce a new policy, effective from 31 March 2017, that will force ALL persons holding an Indian citizenship to pay TAX on their WORLDWIDE Income.  This means that if you are holding an Indian passport, regardless of where you reside in the world, and even if you have not travelled to India for a long period of time, you will be forced to declare your worldwide income to the Indian Tax Authorities, which worldwide income will be subject to Indian Income Tax. 

Last year, 15,000 Indian nationals took up residence in Dubai for tax saving purposes. Others relocated to Hong Kong, Singapore, Mauritius and other low tax jurisdictions in order to mitigate their tax liability in India. However, when the new policy comes into place, regardless of their tax residence, the Indian national will still have to declare their non-Indian wealth to the Indian Government. This model to be adopted by the Indian Government is taken from the USA model. In the USA, the Government levies tax on the worldwide income and estate/gift returns on ALL USA citizens, regardless of where you live.

 

Source: Whatsapp

h1b salary assamed

[tennisluvr]

Bongemi kaadu, less than 10% people pay tax in India alone. 

This is just fake news. 

[Merabharathmahan]

http://www.femaonline.com/rep-to-finance-ministry.php?id=23

 

 for external link. 

 

this guy CA proposing this rule. letter rasadu arthika shakamantriki link lo undi. ilanti CA lu valla business penchukovadanikosam ilanti advise lu istaru govt. ki. Manalni bhayapetti mana daggara evevo forms fill cheyinchukoni tax book rules matladuthu manaki bokka pedtaru. eedu kooda gujju gade unnattunnadu. 

NRE accounts meeda vache interest dabbulaku india Tax veyali ani antunnadu. currently there is no tax on interest amount in NRE account.