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India nundi US ki money teppiyyataniki best options enti?


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Posted

The best legal option would be via an NRI account like HDFC.
If you have one, you'll end up with 2 account (NRE & NRO) one local to India and one local to US. Once the money is transfered in there you can move it around to the other account and then transfer to a US bank.

Posted
12 minutes ago, cottondora said:

Like banks or exchanges.

hawala lanti Answers oddu

Ask Jagan ..he can help u 

  • Haha 1
Posted
36 minutes ago, ElDiablo said:

The best legal option would be via an NRI account like HDFC.
If you have one, you'll end up with 2 account (NRE & NRO) one local to India and one local to US. Once the money is transfered in there you can move it around to the other account and then transfer to a US bank.

Nice ! 
 

nre best aa nri account best aa bro ? 

Posted
40 minutes ago, ElDiablo said:

The best legal option would be via an NRI account like HDFC.
If you have one, you'll end up with 2 account (NRE & NRO) one local to India and one local to US. Once the money is transfered in there you can move it around to the other account and then transfer to a US bank.

But we have to pay huge taxes in India and UA right? Parents account lo money unte gift kinda thechukovachu. Appudu US tax undadhu ani vinna. Anybody did that?

Posted
28 minutes ago, harvey said:

But we have to pay huge taxes in India and UA right? Parents account lo money unte gift kinda thechukovachu. Appudu US tax undadhu ani vinna. Anybody did that?

He's asked for legal option. When you do things right, you abide by rules :)

  • Upvote 1
Posted

There is only one option. But nenu yevvarikiii seppodhuuu ani fix ayyanuuu bro. DB bayatakiii potheee mana desi galluuu penta sesi vadultharuuu malliiii

Posted
2 minutes ago, veerigadu said:

There is only one option. But nenu yevvarikiii seppodhuuu ani fix ayyanuuu bro. DB bayatakiii potheee mana desi galluuu penta sesi vadultharuuu malliiii

PM lo chepthava?

Posted
Just now, DonnyStrumpet said:

PM lo chepthava?

sorry. Naaa faisal mottham vacchakaa kudaaa yevaruuu discover seyyakapotheee may be then I will tell. 

Posted
13 hours ago, cottondora said:

Like banks or exchanges.

hawala lanti Answers oddu

all you need is a SWIFT number and your account number , check on your incoming wire transfer limits with your bank and ask someone to do a wire transfer to you, this is the usual way money transfers work from India to US

Posted
14 hours ago, ElDiablo said:

The best legal option would be via an NRI account like HDFC.
If you have one, you'll end up with 2 account (NRE & NRO) one local to India and one local to US. Once the money is transfered in there you can move it around to the other account and then transfer to a US bank.

Cool. Good to know ! 

Posted
15 hours ago, ElDiablo said:

The best legal option would be via an NRI account like HDFC.
If you have one, you'll end up with 2 account (NRE & NRO) one local to India and one local to US. Once the money is transfered in there you can move it around to the other account and then transfer to a US bank.

NRO accounts are for income in India I think so they are taxed at a flat rate of 30% at source so one has to keep that in mind or else you may have to file and then get this money back if its not income

NRE is for parking US money in Indian currency , earns decent interest and also can use that money for any transactions in Indian currency

Posted
20 hours ago, veerigadu said:

sorry. Naaa faisal mottham vacchakaa kudaaa yevaruuu discover seyyakapotheee may be then I will tell. 

PM bro

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