Getting Salary in WISE account, working for US based company from Pune India
Hi there,
I need help in understanding about taxation for my current situation. I have been working for a US-based company since Feb 24, I get monthly salary of 5.5k USD per month from their end, although I'm working from Pune at their client location but salary gets credited in US currency to my WISE account, which is an online bank account based of Belgium. So currently, I want to know: am I supposed to pay the tax here? If yes, then how should i pay this tax? to add further context, I'd like to share few more details. I paid my last yearly tax in 2022 and afterwards I was not working for any company till June 2023, I traveled to Germany and work there for a company till december 2023. In the meantime, I didn't pay any tax in india and paid all the taxes in germany. This time, I took home loan and had more than 3 lakh rupees invested for exemption in tax but i didn't file ITR for it. Now I have again started a new job in FEB 2024, so I'm really confused What should I do here? Should I have to pay tax as I'm not going to work for this company whole year and again looking for job in germany to move there.
Please help to understand what is best to do in this situation.