India Ki Dabbul Pampisthe Fbar File Cheyyala?

[mammamiya]

[quote name='CHANAKYA' timestamp='1341011366' post='1302058044']
ade chepthunnanehes...
NRE accounts are totally exempted from the income tax... but not NROs.
Also, if you are sending money to NRO account, there are some exceptions again... like it is to whom and for what purpose.. these kind of things...!
manam usually family members ki pamputham kaabatti, it is completely exempt-able anukunta... [size=6][b]but, its good to check...![/b][/size]
[/quote]
ee line addseyyakunda untey nishintaga fadukuney vadini bhayyaaa

[chandrabhai6]

[quote name='Osama Bin Gandhi' timestamp='1341012915' post='1302058246']
Akkada undhi ga clear ga...India ki entha pampav ani kaadu...India lo nee peru meeda account unte...andulo last 1yr nundi at any point of time(1 day) 10k USD maintain aithe i.e 4.9 lakhs Rupees appudu file cheyyali...
[/quote]


A confirmation istey chalu. Naku acct lo emi Levu le.

[Sastrygaru]

[quote name='Osama Bin Gandhi' timestamp='1341012915' post='1302058246']
Akkada undhi ga clear ga...India ki entha pampav ani kaadu...India lo nee peru meeda account unte...andulo last 1yr nundi at any point of time(1 day) 10k USD maintain aithe i.e 4.9 lakhs Rupees appudu file cheyyali...
[/quote]
thank you..

[mammamiya]

[quote name='chandrabhai6' timestamp='1341013012' post='1302058264']
A confirmation istey chalu. Naku acct lo emi Levu le.
[/quote]
nee peru meeda unna lekunna farak paadu anukunta mama......all that matters is nuvvu pampava leda ani

[chandrabhai6]

[quote name='mammamiya' timestamp='1341013123' post='1302058281']

nee peru meeda unna lekunna farak paadu anukunta mama......all that matters is nuvvu pampava leda ani
[/quote]

Endi mama. Ela mama can we extension of filing for fBAR already 30 th achesondi ga

[mammamiya]

[quote name='juvenile' timestamp='1341012443' post='1302058175']
[b]FBAR FILING REQUIREMENT[/b]

Dear Clients,

We hope you are having a good summer time.

We take this opportunity to bring to your attention [b]the obligation/responsibility to file FBAR (foreign bank account report) with the office of Internal Revenue Service[/b]. This obligation of reporting is mandatory and equally applicable to everyone. It does not matter if you were on H1B, H4, L1, L2, EAD, Green card or US citizen; the law applies equally to all. You are required to file this re[size=7][b]port only if you have Rupees 4,90,000 (equivalent to USD 10,000) balance in any bank account in home country [/b][/size](India or elsewhere in the world) at any given point in time in the Calendar year 2011, it does not matter if you do not have this much balance as on 12/31/2011, you are still require to file FBAR. You are also required to file this report if you have any stocks or mutual funds or bond or certificate of deposits (fixed deposits) with any bank or financial institutions in the home country which equals Rupees 490,000.

If you own a company in India and the company has Rupees 490,000 (equivalent to USD10,000) any given point in time, the company is also obligated/liable to file this FBAR report as well.

We would like to clarify that you will not get taxed on the money/funds or stocks in foreign country but the disclosure requirements must be met by filing FBAR. Moreover, there is no negative impact on you for filing this report.

Hence, as good residents and citizens, all have to abide the law and provide appropriate disclosures. If you fail to file this report, you are liable for a fine up to $500,000 or jail terms up to 5 years. If IRS finds out later that you had to make disclosure but fails to do so, the money and other savings in your foreign bank accounts will be declared earned through illegal source and you have to pay penalty up to 60% of that amount. The deadline to file this report is June 30, 2012.
[/quote]

any bank acct annadu....not ur bank acct

[chicha77]

[url="http://hodgen.com/hb-person-need-of-fbar-assistance/"]http://hodgen.com/hb-person-need-of-fbar-assistance/[/url]

idhi chusthe edho undhi.......... file cheyala endhi

[Osama Bin Gandhi]

[b]Who Must File an FBAR[/b]

[color=#000000][font=helvetica, arial, sans-serif][font=arial, verdana, sans-serif][size=3]United States persons are required to file an FBAR if:[/size][/font][/font][/color][list]
[*][b][color=#ff0000]The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and[/color][/b]
[*][b][color=#ff0000]The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported.[/color][/b]
[/list]

[mammamiya]

[quote name='chandrabhai6' timestamp='1341013209' post='1302058305']
Endi mama. Ela mama can we extension of filing for fBAR already 30 th achesondi ga
[/quote]
emo mama naku adey dount undi...fattukuntey assam anukunta
chanakya mama NRE acct aa kada verrify cheyyamannadu...nite adey pani

[mammamiya]

[quote name='Osama Bin Gandhi' timestamp='1341013237' post='1302058311']
[b]Who Must File an FBAR[/b]

[color=#000000][font=helvetica, arial, sans-serif][font=arial, verdana, sans-serif][size=3]United States persons are required to file an FBAR if:[/size][/font][/font][/color][list]
[*][b][color=#ff0000]The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and[/color][/b]
[*][b][color=#ff0000]The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported.[/color][/b]
[/list]
[/quote]

adey mama.....any acct ki...akkada pampava leda annadi mukhyam ...not ur acct
...ala aithey andaru duplicate accts create sesi pampukovachu kada...

[chandrabhai6]

[quote name='mammamiya' timestamp='1341013212' post='1302058306']


any bank acct annadu....not ur bank acct
[/quote]

Any bank account that owned by you mama. It means you can have icici, sbi, sbh. Alla Anni kalipi 10K antunnadu anukunta


Neee Peru meeeda undali anukunta
Clarify fls

[chicha77]

@ chandrabai6.......neekemanna consultanyc undha

[chandrabhai6]

[quote name='chicha77' timestamp='1341013434' post='1302058350']
@ chandrabai6.......neekemanna consultanyc undha
[/quote]

Anteledu mama

[Osama Bin Gandhi]

Mo*****di ikkada tax katti pampinde kada...malla daniki tax kattamanudu endo..

[mammamiya]

[quote name='Osama Bin Gandhi' timestamp='1341013647' post='1302058385']
Mo*****di ikkada tax katti pampinde kada...malla daniki tax kattamanudu endo..
[/quote]