After 5 years, I get rental income in Australia and salary from India – Do I need to pay tax in both Australia and India for overall earnings?
(Example, say I earn a salary of 10 Lakh per annum in India and 12 Lakh per annum in Australia from rental income – total 22 Lakh earning) I am not sure whether there’s any treaty for this point yet. Please elaborate. Regards, Rishi A: To simplify, the country you earn income from and the country of which you hold citizenship both require taxes to be paid. India and Australia do have a tax treaty. Suppose you are holding Indian citizenship and the source of income is in Australia. You would have to pay income tax in Australia as the income is generated in Australia. As India taxes its citizens on their world wide income (most countries do) you would be liable to pay taxes in India also. The tax treaty here would give you relief to some extent.