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I work remotely in India for a US firm. Can I avoid Indian tax if I'm paid in the US?
Mint 15 hrs ago·28 Jul 2026, 1:32 pm
The short answer is no. Even if you are paid in US dollars into a foreign bank account, your income is still taxable in India. This is because Indian tax laws are based on residency, not the currency of payment. If you are a resident of India for any part of the financial year, your global income, whether earned in India or abroad, is subject to tax. The tax authorities view this income as your earnings, regardless of the currency used to transfer the funds.
This rule is crucial for investors to understand as it impacts your net returns. Since you must pay tax on this income, it is essential to factor this liability into your financial planning. You should consult a tax professional to ensure you are compliant with filing requirements and to explore any available deductions or credits that might apply to your specific situation.
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