psycontr Posted April 18 Report Posted April 18 4 hours ago, idibezwada said: I want to invest in India moving funds from US and then bring them back after say 5 years how easy is it? is there any source I can get the full info on it? Say if I invest 30L and make a 20L profit after 5 years...i am trying to understand the tax implication will be and what will be final return after taxes Only invest in if you want diversification in indian realestate or for having some safe backup for future. In all other cases you wont get anything back and lot of hassle. No one will buy realestate from a private person using white money. In worst case use them for kids education in india like medicine. Invest in vomerica if you dont have plans to go back. Quote
Keth Posted April 18 Report Posted April 18 4 hours ago, idibezwada said: I want to invest in India moving funds from US and then bring them back after say 5 years how easy is it? is there any source I can get the full info on it? Say if I invest 30L and make a 20L profit after 5 years...i am trying to understand the tax implication will be and what will be final return after taxes nuvu decide ayipote adhi different issue le kaani bro ee question answer cheyyi, How are you investing? i mean how are you moving money from here to India? NRE to NRO ante you get locked up for sure. inka emaina alternatives unnaya ani telsukundam ani trying appatinunchi. please do explain Quote
Redarya Posted April 18 Report Posted April 18 1 hour ago, idibezwada said: but if say I am getting say 100% ROI? Say if i pumped 25L and it became 50L and its all white.. for the 25L which is profit enta tax poina atleast oka 25% anna migalali kada? Ela vayya. 50 to 100% white ayithe you will pay 30% tax. And count depreciation and you will make nothing Quote
idibezwada Posted April 18 Author Report Posted April 18 1 hour ago, Android_Halwa said: It is an ideal situation but you also need to consider dynamic situation. Oka 10-15% $ appreciate avuthe niku migile a 20-25% lo kuda sagam egiripotadi…apudu migiledi meagre amount and a amount kosam intha katha nadipiyadam waste kada…time and resources waste and ave money ikada petukunte you probably get a bit more. But then again, indaka seppina kada…there are other ways to bring money in smaller fractions where you can bring without much taxes and charges. PM me know the other ways uncle...i am trying to explore what my options are 1 Quote
idibezwada Posted April 18 Author Report Posted April 18 19 minutes ago, Redarya said: Ela vayya. 50 to 100% white ayithe you will pay 30% tax. And count depreciation and you will make nothing so i pay 30% in US or India...thats the question i have Quote
idibezwada Posted April 18 Author Report Posted April 18 26 minutes ago, Keth said: nuvu decide ayipote adhi different issue le kaani bro ee question answer cheyyi, How are you investing? i mean how are you moving money from here to India? NRE to NRO ante you get locked up for sure. inka emaina alternatives unnaya ani telsukundam ani trying appatinunchi. please do explain the plan is to remit to NRE...invest....sell...back to NRE...from there I am confused if I need to pay tax in india or USA and how much will I be getting back finally ani...i am aware that i need to estimate the rupee depreciation and exchange cost etc Quote
Keth Posted April 18 Report Posted April 18 7 minutes ago, idibezwada said: the plan is to remit to NRE...invest....sell...back to NRE...from there I am confused if I need to pay tax in india or USA and how much will I be getting back finally ani...i am aware that i need to estimate the rupee depreciation and exchange cost etc I thought you knew this already. But you were mistaken! Remit to NRE to NRO fine. you cant get funds to NRE directly. you cant even transfer funds from your NRO to your NRE. you know that right. How come you simply get back the invested/profit/ funds back to NRE just like that? USA to NRE and NRE to USA only possible. NRE to NRO ok. NRO to NRE not ok. Quote
Redarya Posted April 18 Report Posted April 18 13 minutes ago, idibezwada said: so i pay 30% in US or India...thats the question i have NRE ayithe ikkada. Rest akkada and ikkada Quote
Keth Posted April 18 Report Posted April 18 21 minutes ago, idibezwada said: so i pay 30% in US or India...thats the question i have Us filing as usual. India lo separate ga file cheyali for these investments. Quote
idibezwada Posted April 18 Author Report Posted April 18 1 minute ago, Keth said: Us filing as usual. India lo separate ga file cheyali for these investments. so if I file taxes in india...I will have zero income right? so the 1st 12 lakhs will have zero tax? Quote
idibezwada Posted April 18 Author Report Posted April 18 12 minutes ago, Keth said: I thought you knew this already. But you were mistaken! Remit to NRE to NRO fine. you cant get funds to NRE directly. you cant even transfer funds from your NRO to your NRE. you know that right. How come you simply get back the invested/profit/ funds back to NRE just like that? USA to NRE and NRE to USA only possible. NRE to NRO ok. NRO to NRE not ok. Its always confusing for me with NRE and NRO uncle...my current home EMI is getting deducted from NRE...so you are saying i cant get a deposit into NRE once the sale happens? Quote
Keth Posted April 18 Report Posted April 18 3 minutes ago, idibezwada said: Its always confusing for me with NRE and NRO uncle...my current home EMI is getting deducted from NRE...so you are saying i cant get a deposit into NRE once the sale happens? Yes bro. exactly You cannot deposit funds in to NRE in india. no one can do that until you sign forms for that. Quote
Keth Posted April 18 Report Posted April 18 6 minutes ago, idibezwada said: so if I file taxes in india...I will have zero income right? so the 1st 12 lakhs will have zero tax? haha donga 12lks free ga pakkana eddam ane lol this is not employment income anna, this is investment and profit gains. separate filing, you need ca to file them mostly. Quote
Keth Posted April 18 Report Posted April 18 36 minutes ago, idibezwada said: PM me know the other ways uncle...i am trying to explore what my options are once you know and done please let me know too information is wealth you know haha Quote
idibezwada Posted April 18 Author Report Posted April 18 23 minutes ago, Keth said: haha donga 12lks free ga pakkana eddam ane lol this is not employment income anna, this is investment and profit gains. separate filing, you need ca to file them mostly. ok, so 30% tax is ok..atleast it should be easy to bring back my principle amount kada vella findakudu Quote
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