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401 K investments are they tax exempt in India? |
I am a Canadian resident, working for a US company and posted in India. I still have an Indian passport. I save for my retirement in a 401 K plan in the US. Is that income tax exempt in India? or will it be taxed in India. Try these links: I do not know how long you are in India. But if you are non resident or not ordinarily resident, any income earned in USA and received in USA is not taxable in India. |
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