Please clarify
Posted: Tue Dec 26, 2017 9:28 am
Hi All,
Please clarify on the below
a) I have read questions about dual taxation for USC residing in India. Can you please let me know simple layman terms on what is the dual taxation about, considering that there are no assets in US. We could take an example of 12 lk per annum as gross earning in India.
b) How taxation on PF would work for USC, in case he needs to use it either in India or US
c) For USC spouse, who is home maker, how does it work for those who does not earn income in India
d) For USC who had earlier brought a property before becoming USC, can he still continue to hold this property (residential house) and being used for personal needs (parents to stay)
Thanks
Please clarify on the below
a) I have read questions about dual taxation for USC residing in India. Can you please let me know simple layman terms on what is the dual taxation about, considering that there are no assets in US. We could take an example of 12 lk per annum as gross earning in India.
b) How taxation on PF would work for USC, in case he needs to use it either in India or US
c) For USC spouse, who is home maker, how does it work for those who does not earn income in India
d) For USC who had earlier brought a property before becoming USC, can he still continue to hold this property (residential house) and being used for personal needs (parents to stay)
Thanks