Thanks , very informative video , but still i have one doubts, to maintain NRI status of 183 days, does this period will included/counted if any seafarer be employed in foreign flag vessel,in indian water and get income from foreign company. Please reply.
Sir ye jo salary ati hai NRE ac me wo saving account me every month send krnege to kya tax lgega saving account me after 183 days completion ke bad bhi
Sir, what will be the Jurisdiction of an NRI of merchant Navy, if he has Indian passport and doesn't have TIN.? What should be mentioned in Itr 2? Urgent
Hello sir, is the divident earned by NRI taxable flatt 20% or we can take benefit of slab 2.5 lakhs as my total income is not exceeding 2.5lakhs..do i need to pay 20% on divident earned from MF..thanks in advance😊
Nre account for foreign currency deposit and nro account for income earn in india in indian rupee so so u have to open nre account if u getting foreign currency like USD as a income . If u approch to banks in india they will take commission in lieu of converting usd to indian rupee so it is very costly so open NRE account maintain your NRI status of 183 or above and enjoy no tax benefit
NRO account is like a saving bank account for NRI . So if u have saving bank account it will be converted into nro account if u r NRI otherwise after loosing NRI status bank will again convert into normal saving account
Pls clear me.. My query I am working in a foreign ship, Ship operation in indian water.. Cdc stamp fg, but on passport coastal run.. I completed 190 days on fgn flag ship, salary deposited from UAE, 4 month salary in NRE account and 3 month salary in normal saving account.. I will be considered as NRE Or i have yo pay tax... Pls clear..
They dont. But if you PAN card is linked with the account (which is mandatory)the IT dept is watching you. Question may be asked from where is this money coming for paying EMI. I have personal experience with this.
@@karunsinghjamwal7619 If you get notice for this transaction,then just give reply like "All transactions are carried out from NRE account which is not liable for any tax". I have not yet received any notice when I bought a property. But do get notice regularly when my NRE FD get matured. After giving above mentioned reply,my case found closed on Income Tax portal.
![Complete Tax Guidance for Indian Seafarers, Merchant Navy, Sailors for Year 2022 [ ENGLISH ]](/img/n.gif)
Kitta straight to the point video rakha hai sir aapne.. bohot knowledgeable video hai without wasting any time. 💯🔥
There is any particular amount till which I didn't earn then I have no need to pay tax... Or it is only number of days
Wow
Har ek seamen ka question solve kr diya aapne thnq
Thanks , very informative video , but still i have one doubts, to maintain NRI status of 183 days, does this period will included/counted if any seafarer be employed in foreign flag vessel,in indian water and get income from foreign company.
Please reply.
Very informative video…Thank you for making such informative videos…
Information shared in this video is very useful. Thank you so much
Very informative video.. thanks
Thank you sir CA sir is voice same as Hrithik Roshan
sir do cadet also have to file the tax. I am confused regarding stipened and salary tax
Best video. Try to make more video on these subjects
I am not able to contact them to fill my ITR ... their phone is unavailable.
Very. Nice information
Does nre account is needed or normal savings account is acceptable for tax saving?
Mutual fund me invest karne par tax lagega ???
What if the period is distributed on both sides of the financial yr,ie 92 days till 31st March and 92 days after that.
Agr nre account se hme baad mey...paisa withdraw krna ho...tho us time koi tax lgta hai ?
My Bhai Rajee Jindabaad
Sir ye jo salary ati hai NRE ac me wo saving account me every month send krnege to kya tax lgega saving account me after 183 days completion ke bad bhi
Sir I have 1 cilent he has merchant navy is this tax exemption
Sir konsi income tax hum file ker sakte hai 1,2,3,4?
could you please tell me if in case one year i could not complete nre status but previous 4 yrs my nre status was maintained.
if I completed my NRE days in a F/Y and my salary account is normal saving account then it will taxable or not just confirm this.
Sir by using my salary if am getting income like dividend, muthal funds, real estate, gold or etc then in this case what will be the tax slab
As per your tax slab for that income
non resident seafarer income exempt under section of income tax pl tell
Osm.sir..tnku for solve my query...
which itr form applicable for seafarers.
Thank you sir
Tds paid by seafarers on sell of property..is it 1% or 20% as for NRI
Dates on passport of arrival and departure india will be considered as outside india or inside india?
Sir, what will be the Jurisdiction of an NRI of merchant Navy, if he has Indian passport and doesn't have TIN.? What should be mentioned in Itr 2?
Urgent
bhai 441 hi hai
Keep goin
Pls subscribe to my new channel. I have discontinued my old channel
@@karunsinghjamwal7619give us ur new channel name
Please suggest where to show in itr ,merchant navy salary income if the person is non resident during the year
Itr 2
Hello sir, is the divident earned by NRI taxable flatt 20% or we can take benefit of slab 2.5 lakhs as my total income is not exceeding 2.5lakhs..do i need to pay 20% on divident earned from MF..thanks in advance😊
As a seafarer can i get my sallery in usd in my saving account is it legal
I have no NRE NRO account plz reply
Nre account for foreign currency deposit and nro account for income earn in india in indian rupee so so u have to open nre account if u getting foreign currency like USD as a income . If u approch to banks in india they will take commission in lieu of converting usd to indian rupee so it is very costly so open NRE account maintain your NRI status of 183 or above and enjoy no tax benefit
NRO account is like a saving bank account for NRI . So if u have saving bank account it will be converted into nro account if u r NRI otherwise after loosing NRI status bank will again convert into normal saving account
Pls clear me.. My query
I am working in a foreign ship,
Ship operation in indian water..
Cdc stamp fg, but on passport coastal run.. I completed 190 days on fgn flag ship, salary deposited from UAE, 4 month salary in NRE account and 3 month salary in normal saving account..
I will be considered as NRE Or i have yo pay tax... Pls clear..
You will have to pay tax as you only worked in indian waters
Thanks
Can nre seafarers can have normal saving account, as earlier having saving accounts now i become nre so in that case what to do?
Nice video.
Can you tell is agriculture income from cutting trees will be exempted from tax or not?
No
Superb. 183 days continuous or break is included.
Break included
Could you pls tell me if the day of travel out and back to India is considered as inclusive or exclusive for number of NRE days.
Included in the NRI calculation
Thanks a lot...
Sir iam a new joiner I need some help sir
If you are paying EMI from NRE account, financial companies like HDFC and ICICI don't ask for three years of ITR.
They dont. But if you PAN card is linked with the account (which is mandatory)the IT dept is watching you. Question may be asked from where is this money coming for paying EMI. I have personal experience with this.
@@karunsinghjamwal7619 If you get notice for this transaction,then just give reply like "All transactions are carried out from NRE account which is not liable for any tax".
I have not yet received any notice when I bought a property. But do get notice regularly when my NRE FD get matured. After giving above mentioned reply,my case found closed on Income Tax portal.
Do seafarers buy kisan vikas patar on his children name with his name as gurdain
what are the charges for taxation file for seafarer?
1000-1500 depend on type of income
Dev bhumi ki jai ho
Good job..nice clarification.abb bhi kutch seaferer apne paise barbaad karne srilanka jate hai😂😂
Very informative video