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Mny transfer

Siddu456

By Siddu456
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sunnam Side Hero

sunnam

Posted
Posted
12 minutes ago, AverageDesiGuy said:

What about when people wants to send money for their parents ?

send only required amount for their maintenance. Do not send money to india for buying plots or apartments etc as an investment purpose. At the end you will lose more money. 

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Piracy Raja
Piracy Raja

hawala 

veerigadu
veerigadu

1 crore is jujubiiii

JambaKrantu
JambaKrantu

Manadi eppudu reverse flow, US to India. India nunchi US MS first sem fees tappa eppudu teesku raledu dabbulu. But from what I know year ki 1 million varaku you can transfer from India to US

sunnam Side Hero

sunnam

Posted
Posted
28 minutes ago, trent said:

But you have to pay 5% flat tax in it.

correct. up to 7 lacs in a year is no tax. then after that 5% TCS tax.

rapchik123 Side Hero

rapchik123

Posted
Posted
5 hours ago, sunnam said:

that is from regular india citizen account to overseas transfer. generally you will lose a lot in exchange rate. not best as i have done it also earlier.

Ok cool , I was telling because thats what I've done earlier , its true that we'd lose a chunk in exchange rates but I had to do it because i needed it immediately

rapchik123 Side Hero

rapchik123

Posted
Posted
4 hours ago, trent said:

But you have to pay 5% flat tax in it.

this wasnt the case earlier , im not sure how it is now

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