Tax rate for foreign income in India

Discussion in 'Tax queries' started by bhargav, Feb 5, 2014.

  1. bhargav

    bhargav Member

    I am an Indian Resident. I am current working as a affiliate marketer. The nature of business is that i am a publisher of several affiliate networks in USA. Then i spend money in advertising company's (USA Company) . As a result i get money in Affiliate network. After that they bank wire my money to Indian Bank Account. Currently i am earning around $5000 Per Month (3Lakh). How much is the tax rate for this foreign income. The expenses is paid to USA company, The income is from USA Company and also i am permanent Indian Resident. So 30% income tax rate is applicable for me?

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