How India taxes expatriates

Expatriates coming to India need to know what their tax exposures are Source: Condor Kristen

There are very few economies which appear as exciting to businesses as the Indian economy. Despite there having been a global slowdown and recession, India has managed to achieve the feat of growing at an average rate of 8.8% of GDP in the last five years. This growth is mainly a result of the increasing inflow of foreign investment in India by various multinational companies (MNCs). The inflow of these MNCs to India has also brought a significant inflow of human capital such as expatriates to India. A growing need has been felt by the MNCs to depute employees to India to maintain global standards and to overlook Indian operations. These expatriates bring their expertise in various management, technical and consulting fields to the developing Indian market which has to be encouraged and appreciated.