Receipt of salary from Foreign Comoany

[Mukund Honkan]

Resident  Indian receive salary from foreign company for services rendered from India.

Pl. let us know TDS complainces foreign co should follow & tax implication of individual thanks

AI Summary

Indian Employee's Foreign Salary: Tax Implications & DTAA Exemption Considerations for Global Income Taxation A resident Indian receiving a salary from a foreign company for services rendered in India must consider tax implications. The foreign company should comply with its local tax laws regarding withholding taxes for non-residents. In India, the individual's global income is taxable, but they may claim an exemption for taxes deducted by the foreign company, considering any applicable Double Taxation Avoidance Agreement (DTAA).