Share |

Remuneration Of Non-Citizens Is Exempt From Income Tax

[ The Incomes of an NRI Completely Exempt from Income Tax ]

The exemptions as described in topic 2 and topic 3 are available to nonresident Indians. There are certain exemptions which are available only to non-citizens of India. Thus, a non-resident who is not a citizen of India even though he may be of Indian origin would also be entitled to such exemptions as are given in Section 10(6) of the Income Tax Act. Some of the important exemptions are described below:


(I) The remuneration received by an individual, who is not a citizen of India as an official of an embassy, etc. is free from income tax, provided that his country offers the exemptions to Indians similarly employed there. These exemptions ‘are under clause (ii) of Section 10(6).


(ii) The remuneration received by a non-citizen as an employee of a foreign enterprise for services rendered by him during his stay in India, provided the foreign enterprise is not engaged in any trade or business in India and his stay does not exceed 90 days in such previous year, is not chargeable under the Income Tax Act. Such remuneration is totally exempt under Section 1 0(6)(vi). Certain other types of remuneration are also exempt under Section 10(6).
The Incomes of an NRI Completely Exempt from Income Tax !
1. Interest On Non-Resident (External) Account Is Fully Exempt From Income Tax
2. Interest On NSCS Is Completely Exempt From Income Tax Under Section 10(4B)
3. Remuneration Of Non-Citizens Is Exempt From Income Tax
4. Income Of Certain Venture Capital Undertakings Section 10 (23FB)
5. Other Exempted Incomes
6. Income in Special Economic Zones, 100% EOUs etc.

More... Topics !..


Tax Guide for NRI - Tax Planning, Tax Saving, Investment Guidance for Non-Resident Indians !

1. Basic Aspects Of Tax Planning For NRIs
2. How an NRI can Avoid Clubbing of his Incomes and Wealth with that of his Spouse and Children
3. The Incomes of an NRI completely Exempt from Income Tax
4. Capital Gain of an NRI could be Completely Exempt from Income Tax
5. Items completely Exempt from Wealth Tax for an NRI
6. Special Procedure of Assessment regarding Income of an NRI from Foreign Exchange Assets
7. Deductions Allowed to NRIs in the Computation of Total Income and Tax Payable
8. Procedure for the Filing of Income Tax and Wealth Tax Returns, Assessment, and Refunds
9. Gifts by NRIs to Relatives and Friends can be made fully Exempt from Gift Tax
10. FEMA and NRIs Preliminary Aspects Analysed
11. Acquisition and Transfer of Immovable Property in India by NRIs and FEMA
12. Permissible and Prohibited Current Account Transactions in Case of NRI
13. Investment In Shares, Securities, Units And Other Activities, etc. by an NRI in India
14. Deposits in India by an NRI
15. RFC account of a Returning NRI and Investment Abroad
Get Updated ...
Tally.ERP 9 Book
Guide & FAQ on Tax Knowledgebase @ Taxation Income Tax @ Glance HUF - Formation, Planning & Taxation
Charitable & Religious TRUST NRI (Tax Planning,Saving,Investemnt) Budget 2017-2018 GST (FAQ, Law, Act. Rules, Schedule, Enrollment)

All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications