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Need tax advice on income earned in US
Quote01.07.2011 23:350 people like thisLike
 

Hi All,

 

I am working as a market research professional in India and earned some reward over Internet for kind of consulting work from US based company. Please advice me, I can save tax under which article of tax treaty (US and India) or I have to pay flat 30% tax as per US tax system.

 

Thanks in advance.

 

Regards,

Amit

Quote02.07.2011 06:210 people like thisLike
 

Amit,

 

Was this the reward or the income in lieu of the work done? Also, please check if the US company has deducted the tax. If yes, then the same cannot be deducted in India, otherwise you have to show this as an income and pay the appopriate tax.

Regards, Hardik Mehta
Quote19.07.2011 02:030 people like thisLike
 

For a US tax reduction you need to consult the US tax reduct the consultancy. because they will give some of the tips & bills for your amount. register domain name | website registration

Quote15.09.2011 22:470 people like thisLike
 

Dear Sir,

 

I am a sales person, apart from salary we have incentives for which i need to know what is the percentage of tax deduction for variable incentive income & secondly, if there is any way to invest to save on incentive tax dedcutions??? I already have savings in place for my salary tax deductions.

 

Regards,

Shashi

Quote18.11.2011 00:410 people like thisLike
 

Tax Laws are required rules and regulations that exist in the legal realm of tax and taxation. Tax Laws address the wide range of financial withholdings, requirements, and procedures latent within the gross amount of cost, earnings, or applied value with regard to tax payments required by a taxpayer. Tax Laws address a variety of taxes and taxation procedures; within individual tax processesand procedures exists specified circumstances applicable to the collection and assessment process of that specific tax.

 

 

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