New Ira Withdrawal Rules
June 2nd, 2010
Question: Income tax on Social Security benefits?
If a USA citizen goes to India for longer time, does Social Security benefits received by US govt. taxable in India? What about under new Direct Taxation rules coming in 2012? Under this proposed rules US citizen with OCI visa would become resident after 60 days stay and worldwide income taxable. Is SS benefits taxable under this? How about IRA (independent retirement account) withdrawals from US account?
Answer: Check it out all the information on
1) http://www.tax4india.com/investment-in-india/nri-investments.html
2) http://www.tax4india.com/income-tax-india/income-tax-india.html
3) http://www.tax4india.com/income-tax-india/non-resident-n-taxation.html
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