Several Indians employed in Saudi Arabia are planning to send their dependants back with the kingdom set to introduce, from July 1, a monthly 'dependant fee' for expats+ . The fee — 100 riyals (approx. Rs 1,700, as on Tuesday) per month for each dependent — is likely to prove a big financial burden for the Indian expats.
At 41 lakh, Indians form Saudi Arabia's largest expat group.
So, for a family of three dependants (wife and two children), the employee will have to pay an advance tax of 3,600 riyals or around Rs 62,000 per year. While some companies are planning to compensate their employees for the 'dependant fee', most people have no option but pay it themselves.
Asked what effect the 'dependant fee' would have on Indian expats in Saudi Arabia, a senior official in the ministry of external affairs (MEA) said nothing could be said as yet. "But it will affect all expats," the MEA official told TOI.
Read the fine print. If you are not careful.. then, they will get you. It is also set to increase each year. So, watch out. Also you have to pay that in advance. Sorry guys, they had to do it to you there in UAE.
FH.
http://timesofindia.indiatimes.com/nri/middle-east-news/indians-brace-for-saudi-family-tax/articleshow/59243550.cms
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |