NRI taxation: Interest income from an NRO account is fully taxable in India
Tax must be paid according to the income tax slab of the individual. It has to be reported under the head 'income from other sources'
I came across an article in Mint about taxation of global income in India for a resident citizen. If a taxpayer is a resident for FY17-18, even though he was in the UK from July 2014 to July 2017 and got the salary from April to July 2017 from his UK office, why won’t the salary for April-July 2017 be taxable in India? Won’t this be counted as foreign income, and thus taxed in India? —Sumukh Jois