Do NRIs Have to Pay Taxes on Foreign Income in India?

If the income you are getting from indian sources, then you are liable to pay taxes in India, and the NRI income tax will depend on your residential status for the year.    

Upon getting a salary in India from any services, business, or Indian registered company, you have to pay taxes in India, and if you get capital gains on the transfer of property in India. If the NRI is earning outside India, it is not taxable in India. Only the income you get from India or received in Indian is taxable. Any other income that is generated outside of India from any business or investments is liable to pay taxes in India. As an NRI, if you are not generating Income in India, then you don't need to pay tax in India. 

Additionally, if an NRI whose Income is more than 2,50,000 or more, then he needs to file an Income tax return in India.     

No, you don't have to pay taxes on the foreign income sources in India. However, if you are generating an income in indian from the following list, then you need to pay tax in India as an NRI: 

• From any salary that you receive in India from any services or an Indian company. 
• Getting a professional salary in Indian bank accounts. 
• If you are generating an income from a rental property. 
• Capital gains on the sale and transfer of property in India. 
• From the Income you get from fixed deposits. 
• On the interest from indian savings accounts. 

According to the Income Tax Act, 1961, if you are an NRI and generating an income or receiving an Income in India, then you need to pay the tax in India. It includes: 

• If you are getting income from any rental property. 
• Capital gains from any property in India, like mutual funds, real estate, and shares.  
• Interests you earn from the Indian bank accounts, like FDs and Savings accounts.