Salary earned by Indian workers in Gulf exempt from tax: Finance minister
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Salary earned by Indian workers in Gulf exempt from tax: Finance minister
TIMESOFINDIA.COM / Updated: Apr 1, 2021, 19:58 IST
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FM Sitharaman clarified that NRI workers in Saudi, UAE and Qatar will not face any altered tax liability. (File photo)
NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday clarified that the salary earned by Indian workers in Gulf countries would continue to be exempt from income tax in India.
Reacting to a tweet by Trinamool Congress (TMC) MP Mahua Moitra, the finance minister emphasised that recent amendments in the Finance Act, 2021 will not put any additional or new tax burden on non-resident Indians working in the Gulf.
Salary income of Indian workers in Gulf exempt from I-T: Union Finance Minister Nirmala Sitharaman
Nirmala Sitharaman said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
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NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
Quoting a tweet of TMC MP Mahua Moitra, Sitharaman clarified that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/UAE/Oman/Qatar.
India clarifies stand on income tax on Gulf NRIs salaries khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Nirmala Sitharaman
In response to Trinamool MP Mahua Moitra’s tweet, the Finance Minister said that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/U.A.E/Oman/Qatar.
Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India. Quoting a tweet of TMC MP Mahua Moitra, Ms. Sitharaman clarified that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/U.A.E/Oman/Qatar. The Minister said said the amendment in the Finance Act, 2021, has merely incorporated general definition of the term liable to tax in the Income Tax Act to provide clarity.
The minister said the said amendment in the Finance Act, 2021, has merely incorporated general definition of the term "liable to tax" in the Income Tax Act to provide clarity.