------------------------------------------------------------------------

 Remembering Aquino Braganca (b. 6 April 1924), who fought for freedom
     of the former Portuguese colonies in Africa. An online tribute
     http://aquinobraganca.wordpress.com/ (includes many historical
             references, some photographs and documents)

------------------------------------------------------------------------



[Goanet] 5% TAX ON FOREIGN INCOME FOR NRI STARTING 2009 -10

I refer to this post appeard in Goanet and a few mails received by me privately.

I always considered myself NRI taxation expert. Never I remember 
reading about the proposal for  5% Tax on foreign income of NRIs nor
 I ever seen any notification from the Indian Income Tax Dept in 
this respect.

I have a good news to all worried NRIs.

Whether you vote for me or not (in the ensuing general elections) 

No NRI will pay Tax on their Foreign Income now 2009/2010 or next 
year 2010/2011

In order to impose such new Foreign  Income taxes, it has to be 
proposed in the general budget first, allow for discussion and 
then implementation (if agreed by the majority) and the process takes 
not less than one year as new taxes, if any,  are always made 
effective from a start of future financial year April/March.

For any financial advice  please come to the expert JoeGoaUk.

His fees are nominal 
It’s only 1% of your total investments/Income*

 * Terms and conditions apply
 

Note: Those written to me privately may take this as the only intimation


joego...@yahoo.co.uk 

for Goa & NRI related info... 
http://in.groups.yahoo.com/group/GOAN-NRI/ 

For Goan Video Clips 
http://youtube.com/joeukgoa 

In Goa, Dial  1 0 8 
For Hospital, Police, Fire etc


      

Reply via email to