Union Finance Minister Nirmala Sitharaman on Thursday said the income earned by non-resident Indians in Gulf countries will continue to be tax-exempt in India.
Reacting to TMC MP Mahua Maitra’s rebuke of the Finance Act 2021, Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Act did not impose any new or additional tariffs on Indian workers in Saudi Arabia / UAE / Oman / Qatar.
The Trinamool Congress MP tweeted today: “The complex wording of the Finance Bill 2022 – in fact a special Gulf workers’ tax. FM is backtracking. Extra taxes will be levied on hard-working Indian workers in Saudi Arabia / UAE / Oman / Qatar.”
Sitharman said on Twitter’s N String: “This amendment does not change the taxability of salary income received by non-resident Indian nationals in the Gulf countries. Their salary income in the Gulf countries will continue to be waived in India.”
“Don’t go back on words. The Finance Act, 2021 does not impose any additional or new taxes on hardworking Indian workers in Saudi Arabia / UAE / Oman / Qatar. It simply adds a general definition of the word” tax liable “. In law, ”he said.
The finance minister joked to the TMC MP that it was worrying to draw conclusions without understanding the facts. Moreover, publishing the conclusion on a social media platform not only gives confusion, it creates unwanted panic among people.