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aijaz says

if u staying outside on india minimum 6 months u can get easily NRI or NRO account from ICICIBANK or AXIS BANK

if u withdraw your payment(which is come from outside from india) on NRI or NRO account than u r not eligible to pay tax to indian account

but problem is how to get NRI or NRO account 1. buy working visa for any tax free country like any gulf country (mostly Islamic country ) 2. stay there for six month or more and get account

I think it is cheaper than 30 lakh rupees

i am also withdraw my salary on NRI account that y i know this i don’t need to pay tax for Indian govt

1 post
bennyjs123 says

10 Millions is a huge income! I am not exactly sure about how much tax will be deducted or how much exemptions is possible, but you can check this site where they have given the income tax slabs according to income. Check it there is any help in this: http://www.incometaxslabs.co.in

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visualkicks says

You’re joking right? haha, oh man I wish I was only paying 10%. You guys in india sure are lucky. Try something like 48% :)

279 posts WordPress Theme Devoloper
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kayapati says

Thanks a lot for all your visions, ideas, suggestions and understandings towards Income Tax (not in india for all authors).

It shows that, we as authors have the interest towards tax calculations, but we still have to learn and put our time to know exactly what is the tax for us (Authors selling Themes), consider it is a software export, product sales, have to pay service tax, sales tax, flat 30% tax ?

Hope we can get some clear ideas from our Auditors….

I will share if anything comes in my way, kindly share yours!

Thanks, Ram

We also waiting for clarity on this.

2 posts
satya456 says
10% is for the income below 2.5 lac. Here is the latest income tax slab: http://www.incometaxslabs.co.in/free-income-tax-calculator/

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