Asked by: Rachel Anderson
Do I have to pay tax in India if I earn in Dubai?
Indian residents of the UAE are governed by the India-UAE Double Taxation Avoidance Agreements (DTAA). According to the DTAA, if you are a resident of the UAE (which you are once you spend 180 days in the country) you are exempt from income tax back in India, for as long as you complete the 240-day period abroad.
Is income earned in UAE taxable in India?
Salary income earned by you in the UAE would be treated as income accruing or arising outside and consequently would not be taxable in India, if your status is non-resident.
Is income earned abroad taxable in India?
income tax in India. The foreign income i.e. income accruing or arising outside India in any financial year is liable to income-tax in that year even if it is not received or brought into India. There is no escape from liability to income-tax even if the remittance of income is restricted by the foreign country.
Is foreign income taxable in India for NRI?
By default, income earned by an NRI abroad is not taxable in India. But if the income in India through aspects like capital gains from investments in shares, mutual funds, property rental and term deposits exceed the basic exemption limit as defined in the Income Tax Act, an NRI would have to file a tax return.
Which income of NRI is taxable in India?
NRI or not, any individual whose income exceeds Rs 2,50,000 is required to file an income tax return in India.
Do I have to pay tax if I receive money from abroad?
In general, yes—Americans must pay U.S. taxes on foreign income. The U.S. is one of only two countries in the world where taxes are based on citizenship, not place of residency. If you’re considered a U.S. citizen or U.S. permanent resident, you pay income tax regardless where the income was earned.
Do I have to pay tax on money earned in Dubai?
There is no income tax on salaries or wages paid in the UAE . Depending on the Emirate, there may be taxes on some services and goods, municipal taxes and customs duties.