We are into outsourcing of International Call center business.We are getting DOLLARS every week from Abroad for a service rendered to an US company and its coming as Brokerage.Do we have to pay Service Tax and do we get any advantage over Income tax as Govt is earning dollars ?
Hi, If we withdrawn more than Rs.1 lac from saving a/c in one day, it is taxable as far as my knowledge. but if we withdraw this cash after 2-3 days gap. will it be ok?
Hi! A flat is sold which was in my mother-in-law's name. so new flat should be purchase in her name before 2 year. but while purchasing new flat, if my husbond wants to take loan in his name, how to solve both things ?
dear sir, my parents would like to give me a share of their pension benefits. will i have to pay tax? if i invest it in post office monthly savings will the interest returns be taxed? if so by how much? thanking you in anticipation on your reply vinayan
my company is deducting around 4000 INR as tax from my gross salary of 25000. will i still need to pay the tax? What i can do to minimise the tax amount?
dear sir, i am working as a project engineer with a consultancy firm. i am getting Rs.3.5lacs p.a. as a profesinal fees. what will be the tax structure? Which investment are allowed for tax saving for profesionals? kindly give the details.
I am working in Multinational Company having headoffice in India. So i am getting my monthly salary in Indian Rupees for which tax is getting deducted via TDS. In addition to this, most of the time i am working abroad on deputation(sometimes even for 1 year also) for which company is paying me daily allowance in Foreign currency. Now i would like to ask you, that the foreign currency which i saved during my deputation should be considered for tax or not. If yes what will be the rate.
i am an non resident indian, i want to know whehter i would be tax for the money sent to indian or on investment made by me from such foreign earnings. if i open an NRI Account what are the consequences
RE:Tax query.
by HeMan on Dec 06, 2005 05:06 AM
You pay tax only in one country. If you paid the tax in the country you are staying in, then no need to worry about paying it in India.
