Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a person is considering working remotely (from India) for a global company. Give answers as per the Indian Tax Law: 1. How much %

If a person is considering working remotely (from India) for a global company. Give answers as per the Indian Tax Law:
1. How much % tax is he/she liable to pay for the salary (INR 49,000 per month) transferred by a foreign company through PayPal to his/her Indian Savings Bank Account?
2. Is it a good idea to work remotely for a foreign company?
3. What is the best option to get your salary credited from a foreign company?

Step by Step Solution

3.42 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

1 The tax liability for an individual working remotely for a global company and receiving a salary o... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statement Analysis

Authors: K. R. Subramanyam, John Wild

11th edition

78110963, 978-0078110962

More Books

Students also viewed these Accounting questions

Question

Is there administrative support?

Answered: 1 week ago