foreign income tax India

Dollar to Rupee: Income Tax Rules & Regulations in India

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When you receive income in dollars (or any foreign currency) and it gets converted Dollar to Rupee, Indian tax laws apply based on the nature of income, residency, and purpose of remittance. Below is a complete breakdown 👇 âś… 1. Do You Pay Tax on Dollar Income? Yes — if you are an Indian resident, … Read more

Is Your International Payment Taxable? Here’s What Every Indian Must Know!

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Is Your International Payment Taxable? Here’s What Every Indian Must Know!

With the growing ease of global transactions—whether for education, freelancing, investments, travel, or sending money to family abroad—many Indians often wonder:“Are my international payments taxable?” The answer depends on what type of payment you make, why you’re sending money, and who you’re paying. India’s tax laws, combined with the Liberalised Remittance Scheme (LRS) and TCS … Read more