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Akhilesh Pandey
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Kumar
Hi, My friend is changing job and moving from UAE to India where he will be working for a company based in Bangalore. However, he still has some consulting referral jobs in UAE for which he will get the commission on a regular basis. Can he still accept the money from abroad and which account is preferable to accept it and will there be any tax on the same? His current salary in the new company will be 12lakh per annum approx.
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Preeti Kate
I will be selling a property at 1 crore 31 lakhs that was bought at 1.07 crore in 2013. I want to use the funds from selling thisbproperty to buy a new property which is under construction and will be complete in 1 year from now. Is it OK to park funds in Liquid Funds and slowly withdraw to make payment towards under construction property.
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Prasenjit Roy
I am working full time for a private firm. I have PF account there and my salary get credited after TDS deduction. Another company offering full time job with no PF account but salary will be paid after TDS deduction. So If I try to work for both company. is there way that one company can come to know about other company's employment(one company has PF account ,other company does not have PF whereas both deducting TDS)? is it legal to do in India?
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Hi,
Legality of working under two employers depends upon the employment contract signed by you.Read that carefully.
Secondly, one employer won't come to know about the other employment unless you tell them.
Word of caution: Working under two employers without disclosing the fact to the other employer will result in higher tax liability due to impact of interest on income-tax.
For more information, please feel free to reach out to us at camehulagg@gmail.com or 9811896771
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Sylvia
I paid 5% tax for tax collected at source on foreign remittance in July 2021, should I file it 2020-2021 or 2021-2022. can someone pls help.
