NRI returnig to india for good but have forex income in USA
NRI returnig to india for good but have forex income in USA
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shree · External communityPost link
External question — Personal Finance Stack Exchange
Author: shree
Original post: https://money.stackexchange.com/questions/106121
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
I worked in US for 4 years and decided to return to india for good . I have regular income from forex which comes to US bank account and I pay tax to US government. Once I return to India , am planning to continue paying tax to US government for my forex profit income if any and transfer the profit money to NRE account in India. PLease let me know if I have to pay tax in india as well for this money transferred.
Regards,
Shree
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: shree Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/106121 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I worked in US for 4 years and decided to return to india for good . I have regular income from forex which comes to US bank account and I pay tax to US government. Once I return to India , am planning to continue paying tax to US government for my forex profit income if any and transfer the profit money to NRE account in India. PLease let me know if I have to pay tax in india as well for this money transferred. Regards, Shree
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