I was working in India till oct 2014, and have paid all my taxes from April 2014 till Nov 2014 as per my employment in India,
after that I moved to abroad in Nov 2014 for my employment.
I have spent for me and my family visa and air fare.
I am getting 45% in local currency and 55% as USD in my NRE account at India (by my choice of payment mode).
Till march 2015 I received my local salary for all 5 month, while only 2 month for my USD part.
My employer is deducting 26.25% tax on my local salary as “PAYE” tag in my pay slip.
I am not getting any tax paid statement.
I am paying for my accommodation and transportation.
I want to know,
- Do I have to pay any tax in India for this duration.
If I have to pay any tax in India ,can I claim my expenditure for my visa / air fare / accommodation / school fees of my child etc?
How much tax I have to pay is it the amount deposited in my account till 31 March 2015. (ie same as in India).
How to take Local currency into consideration ( Local Currency to USD and back to INR).
If any tax liability on USD amount how should I calculate based on amount deposite in my account or base price of conversion
How much tax I have to pay in India as already 26.25% for local salary tax has been deducted by my employer