I have a few questions on Taxes regarding US Tax Filing.

Forums U.S. Tax Filing I have a few questions on Taxes regarding US Tax Filing.

I have a few questions on Taxes regarding US Tax Filing.

I and wife are currently US Green Card holders and 2 kids are USC. I am considering either R2I or work in India for a few years and then R2I.
If I live in India, then what is the tax rate?
Does this tax rate change if I live in India?
Do I pay taxes on the whole amount earned to both the local government and US government? If not, how is it done?

Profile photo of bathiya Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 10 months, 2 weeks ago
  • Profile photo of bathiyaAnonymous

    I and wife are currently US Green Card holders and 2 kids are USC. I am considering either R2I or work in India for a few years and then R2I.
    If I live in India, then what is the tax rate?
    Does this tax rate change if I live in India?
    Do I pay taxes on the whole amount earned to both the local government and US government? If not, how is it done?

  • Profile photo of Shreya OturkarShreya Oturkar
    Moderator

    In India, there are tax slabs applied to the taxable income and accordingly the tax gets calculated. If a person falls to be Resident and Ordinarily Resident in India. It is mandatory to offer his global income for taxation in India. But, he is allowed to claim relief u/s 90/91 (which ever is applicable), for the taxes paid out side India. Also, the tax treaties would come into picture in certain cases.

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