Hi , On a similar note, Is the money transferred as 401K income taxable in India? I have transferred that in my NRE account. My understanding is any money you transfer from US to India thru NRE account is non-taxable. Is that correct?
Thanks
Search found 3 matches
- Tue Mar 29, 2011 11:01 am
- Forum: Community Lounge
- Topic: Are regular USA savings subject to India tax when you transfer the funds ?
- Replies: -1
- Views: 8
- Mon Mar 28, 2011 2:12 pm
- Forum: Indian Jobs & Career
- Topic: Promotion: kkassociate.com answers your USA tax questions till April 1st, 2011
- Replies: -1
- Views: 0
Promotion: kkassociate.com answers your USA tax questions till April 1st, 2011
[COLOR=red][U]ADMIN NOTE:[/U][/COLOR] [COLOR=red][/COLOR] [COLOR=red]Post Deleted by Admin.[/COLOR] [COLOR=red][/COLOR] [COLOR=red]The member is posting the same post in multiple threads and has already been posted twice before this.[/COLOR] [COLOR=red][/COLOR] [COLOR=red]Please post your post once ...
- Fri Mar 25, 2011 3:39 pm
- Forum: Indian Jobs & Career
- Topic: 401K Withdrawal / Tax Liabilities
- Replies: -1
- Views: 0
401K Withdrawal / Tax Liabilities
Hello, I was working in US from 2003 to 2009 and back now in India in June 09 working for Indian company. I was on H1b. I had 401k JP Morgan account (23K) which I withdraw last year i.e. Nov 2010. I got refund of 18422. Now I would be filing tax returns this year. Can someone give me an idea of 1 ...