Home Articles Salary income of Indian workers in Gulf exempt from I-T: Union Finance...
KEY STORY
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Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.
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Quoting a tweet of TMC MP Mahua Moitra, Sitharaman clarified that the Finance Act 2021 has not brought in any new or additional tax on Indian workers in Saudi/UAE/Oman/Qatar.
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The minister said the said amendment in the Finance Act, 2021, has merely incorporated general definition of the term “liable to tax” in the Income Tax Act to provide clarity.
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“This amendment has not altered the taxability of salary income earned by non-resident Indian citizens in Gulf countries. Their salary income earned in Gulf countries would continue to be exempt in India,” the Office of Finance Minister Nirmala Sitharaman tweeted.
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Earlier in the day, Moitra had tweeted a picture of an amendment in Finance Bill, 2021, saying the ‘complicated words’ in the amendment is ‘in reality a Special Gulf workers tax’.
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“FM going back on her words. Hardworking Indian workers in Saudi/UAE/Oman/Qatar to be taxed EXTRA,” Moitra tweeted.
CONCLUSION
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Sitharaman’s office tweeted: “No going back on words. The Finance Act, 2021 hasn’t brought in any additional or new tax on hardworking Indian workers in Saudi/UAE/Oman/Qatar.”
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The minister also said that drawing conclusions without comprehending the facts is worrying.
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“Further, putting out the conclusion on a social media platform not only misleads but also creates unwanted panic among people,” the minister’s office tweeted.