Economy

Employer in South Korea paid him salary in dollars in India; income tax department sends notice

· 13 October 2026 · 2 min read
Employer in South Korea paid him salary in dollars in India; income tax department sends notice

The Times of India has reported a new India-focused economy development: “Employer in South Korea paid him salary in dollars in India; income tax department sends notice.” The publisher's feed describes the story as follows: <![CDATA[A Karnataka man working in South Korea faced an income tax notice over his salary deposited in an NRE account in India. The Income Tax Assessing Officer claimed the salary was taxable in India due to his employment. However, the ITAT Bangalore found that the man ha

Original reporting by The Times of IndiaRead the full story

Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.

#economy#india

Related reading

IJP
News Brief
Rupee up 49 paise, RBI governor says curbs to halt speculation
Economy·The Times of India·13 Oct 2026

Rupee up 49 paise, RBI governor says curbs to halt speculation

Read full story →
IJP
News Brief
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek Chaturvedi
Economy·The Economic Times·13 Oct 2026

GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek Chaturvedi

Read full story →
IJP
News Brief
Nirmala Sitharaman: RBI trying to curb rupee volatility, not fix its value; fiscal discipline should not worry investors
Economy·Mint·13 Oct 2026

Nirmala Sitharaman: RBI trying to curb rupee volatility, not fix its value; fiscal discipline should not worry investors

Read full story →
IJP
News Brief
Late rally: Sensex jumps 1,110 points, Nifty over 22,700: 5 factors behind market rise; these stocks rebound after UPI
Economy·Mint·13 Oct 2026

Late rally: Sensex jumps 1,110 points, Nifty over 22,700: 5 factors behind market rise; these stocks rebound after UPI

Read full story →