Related Posts
Additional Posts in Desi Consultants
Happy Ganesh Chaturthi everyone!!
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Happy Ganesh Chaturthi everyone!!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site
Send download link to your phone
OR
Scan your QR code to download
Fishbowl app on your mobile
You’re always taxed on gross. However, the percentage bracket depends on the total annual income.
Chief
To add to Pwc1's reply, bracket will be around 25-26% after last year's tax bill but exact bracket can only be known after your annual US income is calculated. Since you lived and worked in the US for these months, you will not have to pay taxes in India for these months but do ensure documentation and get a India CA. For any refunds from the US portion, you will have to file a tax return in the US next year via h&r block or someone else. You can do it yourself online as well but will need a US bank account to get refunds, if any, returned to you. You can transfer that to your India bank Acct with no taxes since it's already been taxed in the US