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Hoots : Tax question and deposit If I earn income from a company in the US and live in India or overseas do I have to pay taxes Can I ask to deposit the income in my US account where I lived before or into my India account - freshhoot.com

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Tax question and deposit
If I earn income from a company in the US and live in India or overseas do I have to pay taxes

Can I ask to deposit the income in my US account where I lived before or into my India account


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If I earn income from a company in the US and live in India or overseas do I have to pay taxes

Yes you have to pay taxes in India. You have to declare this as income and pay taxes as per your tax brackets.

Can I ask to deposit the income in my US account where I lived before or into my India account

This is not relevant from Tax point of view. You can get the funds where ever its convenient. Even if you deposit in US account, this is still taxable in India.


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