Foreign remittance taxability depends on the source; gifts from relatives are tax-free, but income must be reported in ITR.
This infographic explains the tax rules for receiving money from abroad in India. Gifts from relatives are tax-free, but income such as salary or rent must be declared in the ITR. Gifts from non-relatives over ₹50,000 are taxable. All foreign remittances must comply with FEMA and RBI regulations, and large transactions may require PAN. Report foreign income in Schedule FSI and claim DTAA relief if applicable.