andhracrazystar Posted November 10, 2023 Report Posted November 10, 2023 Hello All, I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ? Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? Serious replies only please. That is my hard earned money and don’t want to take wrong steps. Thanks much in advance 🙏🙏🙏. Quote
Kootami Posted November 10, 2023 Report Posted November 10, 2023 1 hour ago, andhracrazystar said: Hello All, I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ? Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? Serious replies only please. That is my hard earned money and don’t want to take wrong steps. Thanks much in advance 🙏🙏🙏. Hawala Quote
andhracrazystar Posted November 10, 2023 Author Report Posted November 10, 2023 I want to invest in India for now and keep for few years and bring it here. Quote
andhracrazystar Posted November 10, 2023 Author Report Posted November 10, 2023 DB peddalu Please guide Quote
Joker_007 Posted November 11, 2023 Report Posted November 11, 2023 On 11/10/2023 at 7:39 AM, andhracrazystar said: Hello All, I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ? Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? Serious replies only please. That is my hard earned money and don’t want to take wrong steps. Thanks much in advance 🙏🙏🙏. Best way is check with your colleagues and friends… Quote
tyrion123 Posted November 11, 2023 Report Posted November 11, 2023 On 11/10/2023 at 7:39 AM, andhracrazystar said: Hello All, I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ? Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? Serious replies only please. That is my hard earned money and don’t want to take wrong steps. Thanks much in advance 🙏🙏🙏. bring it in $9999 per each adult of your family ... you don't have to pay any taxes or have to declare when landing ... 40 lakhs antay $50 grand ... so husband and wife ... can bring $20 k in single trip ... can request any cousin and family to bring another 20 k ... like that 1 Quote
siru Posted November 11, 2023 Report Posted November 11, 2023 1 hour ago, tyrion123 said: bring it in $9999 per each adult of your family ... you don't have to pay any taxes or have to declare when landing ... 40 lakhs antay $50 grand ... so husband and wife ... can bring $20 k in single trip ... can request any cousin and family to bring another 20 k ... like that but where do you convert ruppes to $ ? Quote
Konebhar6 Posted November 12, 2023 Report Posted November 12, 2023 11 hours ago, siru said: but where do you convert ruppes to $ ? Thomas Cook ani abids daggara untundi ... also you can convert in hyd airport as well.. 1 Quote
tyrion123 Posted November 12, 2023 Report Posted November 12, 2023 11 hours ago, siru said: but where do you convert ruppes to $ ? Ekkada kaavantay akkada … there many exchanges that do it Quote
Jatka Bandi Posted November 12, 2023 Report Posted November 12, 2023 India lo taxes mundu tappinchuko. Within one year reinvest cheyyali anukunta. Contact a CA as soon as you can. That person can guide you on ways to take your money to USA by avoiding taxes. 1 Quote
andhracrazystar Posted November 12, 2023 Author Report Posted November 12, 2023 4 hours ago, Jatka Bandi said: India lo taxes mundu tappinchuko. Within one year reinvest cheyyali anukunta. Contact a CA as soon as you can. That person can guide you on ways to take your money to USA by avoiding taxes. This is the challenge. Real estate investment lo cash accept chestunnara or everything is digital? Quote
Jatka Bandi Posted November 12, 2023 Report Posted November 12, 2023 6 minutes ago, andhracrazystar said: This is the challenge. Real estate investment lo cash accept chestunnara or everything is digital? Rendu rakalu vunnaru. But majority cash nadustundi. Quote
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