Recently moved into a fully remote SRE/DevOps role with an overseas company after about 5 years of experience, with annual pay in the ₹48 LPA range and a chance of crossing ₹50 LPA due to on-call responsibilities; the payout comes directly to me without an Indian payroll, so I’m trying to figure out how income earned from a foreign employer is taxed in India, when surcharge and cess start applying, and whether there are any deductions or structuring options available for this kind of setup.

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Offtopic How you landed job ? And what’s your teach stack. P.S you would inspire me

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Additional Posts in Tax savings

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
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Hello fishes, can we buy land/plot to save long term capital gain tax?

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

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Hi,

Kindly ping me if you need any help for filling up the ITR. I will help you to get maximum return.

Charges applicable.

Thank you

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Base: 5 lakh
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Max how much I can exempt with HRA while filing ITR?
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My CTC is around 12 lpa per annum. How can i avail max tax benefits?

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By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

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likehelpful

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I have more Questions but if we get replies on these we can discuss further.
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How much rent amount should I pay to get maximum tax deduction?

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

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