Report global consulting income in ITR, claim FTC via Form 67, and disclose details in Schedule FSI.
This infographic guides Indian residents on reporting income from foreign consulting work. Report all global income in the ITR, use ITR-3 or ITR-4 as applicable, and claim foreign tax credit for taxes paid abroad by filing Form 67. Convert foreign income to INR using SBI TTBR and disclose details in Schedule FSI for compliance.