News Details

 
 
TAX ON FOREIGN INCOME FOR NRI STARTING FY 2012-13 - Spam/Fake News
 Mon, 09 Jan 2012
 
  DEAR ALL, NEWS FROM THE TIMES OF INDIA ,SUN JAN 08 2012
TAX ON FOREIGN INCOME FOR NRI STARTING FY 2012-13

Is a Spam/Fake News as it comes time to time every year. You will not find this in TOI. If found Please send us the link.

News Details:
Government of India today announced imposition of a flat 30% tax on all NRIs over their world-wide income.Additionally 10% surcharge has been included to take care of the pension&Life Insurance has announced by overseas Indian affairs minister Vayalar Ravi in Jaipur yesterday on the occasion of 10th annual diaspora meet,...........

This is expected to generate 70 Billion INR tax collection for the government in the year 2012-13. For more information on this rule,tax filings and forms visit http://www.incometaxindia.gov.in/


 
 
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