![]() If the employee is eligible for short stay exemption, potential double taxation could be avoided. Specified conditions as per provisions of the Act or respective treaty need to be satisfied to claim short stay exemption. Foreign nationals can also explore short stay exemptions as per provisions of the Income-tax Act, 1961 (the Act). # Further as the employees are working in India they will be taxable in India, irrespective of their residential status, unless they are eligible for short stay exemptions as per relevant Treaty. 1 April 2020 to 31 March 2021) have not been announced yet. Similar relief clarifications for tax year 2020-21 (i.e. Circular number 11 dated covers specific situations for individuals stuck in India within specified dates and / or on account of quarantine requirements. ![]() Due to COVID-19, limited relaxation has been extended by India tax authorities for excluding the days of presence in India, while computing residency for tax year 2019-20. An ROR is taxable on global income subject to relief as per relevant Double Taxation Avoidance Agreement (Treaty). # For employees working from India for overseas employers, such additional physical presence in India could trigger a Resident and Ordinarily Resident (ROR) status. However, it is critical to factor country-specific regulatory and tax considerations.įor employees having such remote working arrangements and who are working from India for their overseas employer or working for Indian employer from outside India, following key tax considerations will be worth noting from an employee and employer perspective. How much money can you deposit in a savings account in a year to stay outside the taxman’s radar?īusiness needs may require such cross-country remote working arrangements.
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