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NRE
Direct Taxation
If that salary mentioned in attachment is received by non resident in normal savings bank account other than NRE ,then it is taxable?
Answers (3)
Generally, they wouldn't get their salary in normal savings bank a/c in Indian bank, however, they can get salary in foreign bank, of their salary is credited in any other banks other than the specified NRE bank a/c, then such AMT credited to foreign bank shall be taxable
Noor Rehman
Generally, they wouldn't get their salary in normal savings bank a/c in Indian bank, however, they can get salary in foreign bank, of their salary is credited in any other banks other than the specified NRE bank a/c, then such AMT credited to foreign bank shall be taxable
What if he rendered services inside india and get his salary in NRE account
Thread Starter
Sri Yoga Vishwa. PWhat if he rendered services inside india and get his salary in NRE account
He wouldn't get his salary in NRE account if he works in India, NRE account is for NRIs having foreign income and such income is already taxed as per international laws, i.e why they are exempt as per Indian taxation laws. If he works in India he'd get Indian rupees, Tl;Dr Indian salary wouldn't be credited in NRE account.
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