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Money As Gift


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Posted

http://immigrationvoice.org/forum/forum99-tax-social-security-and-financial-issues-for-immigrants-and-nonimmigrants/2353016-transfer-money-to-parents-from-us-to-india-max-limit.html

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  • dreamgirl

    19

  • chowdary9

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  • riddle

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  • CHANAKYA

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Posted

[quote name='dreamgirl' timestamp='1323702381' post='1301132741']

nen chesthaa friendship abhaayi tho 2 yrs [img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

dg..
[/quote]

ante 2 yrs tarvatha? [img]http://oi53.tinypic.com/2rdulhg.jpg[/img] mee lanti aada valla valle naa lanti magallaki pelli meeda aasa potundi [img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

kinda naa badulu kiddu seffadu soodu [img]http://oi53.tinypic.com/2rdulhg.jpg[/img][img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

Posted

[quote name='dreamgirl' timestamp='1323702381' post='1301132741']

nen chesthaa friendship abhaayi tho 2 yrs [img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

dg..
[/quote]


nuvvu sesthaav sare.. seyyataaniki aadu kuda undaali kadhaa auntyy :5_2_108: :5_2_108: :5_2_108: :5_2_108:

Posted

[quote name='dreamgirl' timestamp='1323702106' post='1301132714']

hehe..meerante eng..memedho lab lo panichesukne vallam..maa dhaggara antha scene ledhu :P

dg..
[/quote]

lab lab antav..lab lo em chestavo cheppu konchem....nenu chadindi life sciences ley...

Posted

As per Master Circular, dated July 1, 2006, Indian residents are allowed to remit abroad up to $100,000 per annum for maintenance of close relatives. You will be a close relative of your parents as per the law and hence this should take care of your requirements.

Source - [url="http://business.rediff.com/column/2009/jun/05/tax-money-sent-to-parents-in-india-is-tax-free.htm"]http://business.redi...is-tax-free.htm[/url]

Posted

[quote name='kidmakers' timestamp='1323702386' post='1301132743']
US lo aithe month ki 2500$ without tax india ki pampachuuu.. if it crosses 2500, u have to show it during returns i guess. mari Europe sangathi thelvadh... edo oka bank customer care ki call cheste valley cheptaaru ga aunty.. :5_2_108: :5_2_108: :5_2_108:
[/quote]

avuna.................. :3D_Smiles: nenu okasaari oke mnth $4500 pampaa baa? emanna avutundaa?

Posted

[quote name='riddle' timestamp='1323703722' post='1301132815']
As per Master Circular, dated July 1, 2006, Indian residents are allowed to remit abroad up to $100,000 per annum for maintenance of close relatives. You will be a close relative of your parents as per the law and hence this should take care of your requirements.

Source - [url="http://business.rediff.com/column/2009/jun/05/tax-money-sent-to-parents-in-india-is-tax-free.htm"]http://business.redi...is-tax-free.htm[/url]
[/quote]

you rock ya... &>:!

Posted

[quote name='riddle' timestamp='1323703722' post='1301132815']
As per Master Circular, dated July 1, 2006, [size=5][b]Indian residents are allowed to remit abroad[/b][/size] up to $100,000 per annum for maintenance of close relatives. You will be a close relative of your parents as per the law and hence this should take care of your requirements.

Source - [url="http://business.rediff.com/column/2009/jun/05/tax-money-sent-to-parents-in-india-is-tax-free.htm"]http://business.redi...is-tax-free.htm[/url]
[/quote]

abroad to india, anyways gift meedha tax exempted and limit vundadhu ani confirm sesukunnaa..frnds ni kuuda adigaa.. :P

dg..

Posted

[quote name='CHANAKYA' timestamp='1323704266' post='1301132855']

avuna.................. :3D_Smiles: nenu okasaari oke mnth $4500 pampaa baa? emanna avutundaa?
[/quote]

nenu chesina research prakaaram em kaadhu :P

dg..

Posted

[quote name='mirchieee' timestamp='1323703180' post='1301132793']

lab lab antav..lab lo em chestavo cheppu konchem....nenu chadindi life sciences ley...
[/quote]

ee db lo vunna members ki, guests ki kuuda telsusu nenu em chesthaano..inka enni saarlu cheppali :3D_Smiles_38:

dg..

Posted

[quote name='kidmakers' timestamp='1323702639' post='1301132756']


nuvvu sesthaav sare.. seyyataaniki aadu kuda undaali kadhaa auntyy :5_2_108: :5_2_108: :5_2_108: :5_2_108:
[/quote]

seyyakunte valla karma :P

dg..

Posted

[quote name='CHANAKYA' timestamp='1323704266' post='1301132855']

avuna.................. :3D_Smiles: nenu okasaari oke mnth $4500 pampaa baa? emanna avutundaa?
[/quote]



at the year end, it should reflect in your W-2 i guess.. or else tax filing appudu details adigithe u need to answer properly. ur bank can help you in this i guess. i dont know much info about what to do in ur case.

Posted

[quote name='Hangover' timestamp='1323702491' post='1301132748']

ante 2 yrs tarvatha? [img]http://oi53.tinypic.com/2rdulhg.jpg[/img] mee lanti aada valla valle naa lanti magallaki pelli meeda aasa potundi [img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

kinda naa badulu kiddu seffadu soodu [img]http://oi53.tinypic.com/2rdulhg.jpg[/img][img]http://oi53.tinypic.com/2rdulhg.jpg[/img]
[/quote]

aa dialogue nenu kottali..vice versa, nenu 2 yrs anna ..nuvvu 1 yr ee annav [img]http://oi53.tinypic.com/2rdulhg.jpg[/img]

dg..

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