I plan to have a consultancy business outside India. I do not plan to remit my income to India immediately. I would do it later maybe after 2 or 3 years. Do I need to pay taxes now? or can I pay tax when I bring the money into the country?
If the work is done in India, then the income arising out of it, is taxable when received by you, and not when it come into India ...
Sign up using Google
Sign up using Facebook
Sign up using Stack Exchange
By posting your answer, you agree to the
terms of service.
6 months ago
3 months ago