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Check tax liability before going abroad for job

23 May 2011, 10:00 pm
Overseas deputation holds fascination for many but comes with tax implications in both countries at the time of exit & return.

Overseas deputation holds fascination for many since it comes with an opportunity to visit an overseas country and experience its culture, and, most important of all, considerable cash savings. While we prepare ourselves for challenges at the work front, we quite often overlook the challenges from the personal tax front. Overseas deputation comes with tax implications in both the countries at the time of exit and return, which need to be well thought out before taking the flight.