| Author | Message | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4530 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
more than 2.5 lakh India only income unte kattali | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4529 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
Tax double kattakkarledu. Kaani filing cheyyali. Max tax kattali. US citizens ki India lo unna rules, Indian citizens in US ki apply cheste, everyone who earns more than $16k per year have to pay tax in 30% bracket. | ||
Asdf Hero Username: Asdf Post Number: 10764 Registered: 12-2014 Posted From: 205.157.66.4 Rating: N/A |
account value above 10k. but interest amount entha anedi adginatlu ledu, chooskovali oka sari | ||
Rajusk Legend Username: Rajusk Post Number: 39082 Registered: 02-2008 Posted From: 170.74.56.78 Rating: N/A |
sure aa ?? | ||
Rajusk Legend Username: Rajusk Post Number: 39081 Registered: 02-2008 Posted From: 170.74.56.78 Rating: N/A |
double taxation treaty undi kada rao garu..inkenti.. | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4527 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
$10 kanna takkuva aithe akkarledu. | ||
Asdf Hero Username: Asdf Post Number: 10756 Registered: 12-2014 Posted From: 205.157.66.4 Rating: N/A |
miss chesinatlunna annai. account vundi and fbar filed ani click sesaanu. may be it asked me if the amount is below a level ... | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4525 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
nee US tax file chese tappudu, foreign interest income ani aduguthadu. akkada mention cheyyi. | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4524 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
US citizens living in India should report income in India even if they are permenant residents of India. same is not case for Indian citizens in US | ||
Asdf Hero Username: Asdf Post Number: 10755 Registered: 12-2014 Posted From: 205.157.66.4 Rating: N/A |
yea, its below 2.5 lakhs. FBAR file chesaanu kaani, aa income meeda tax kattali ante ekkada cheyalo ardham kaaledu file chesetapudu | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4522 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
desam lo unde account NRE account aa. aithe India lo akkarledu. US lo mathram interest in India ni add cheyyali. ade NRO aithe India lo file cheyyali. However if your total income in India is less than 2.5 lakhs, you can ignore. | ||
Rajusk Legend Username: Rajusk Post Number: 39080 Registered: 02-2008 Posted From: 170.74.56.78 Rating: N/A |
FBAR, FATCA (not yet implemented) and Global income declaration okkate kada meeku ayyina.. in any of the above Land you own in India is exempted..inkenti kavali.. | ||
Asdf Hero Username: Asdf Post Number: 10754 Registered: 12-2014 Posted From: 205.157.66.4 Rating: N/A |
annai FBAR file aindi. desam lo vunde account ki desam lo tax filing seyaledu, bank vallu avasaram ledu annaaru. ipudu daaniki kooda edaina filing seyaala? | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4521 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
Naa lanti US citizens in India ki both rods. US side nunde pedda rod. | ||
Rajusk Legend Username: Rajusk Post Number: 39077 Registered: 02-2008 Posted From: 170.74.56.78 Rating: N/A |
maaku FATCA..matka..gutka ani petti mimmalni free gaa vadilesthunnar ani baaga feel ayya.. ippud nen konchem happies  | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4520 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
Mana political parties kooda manani bali icchi, choodandi memu nippu antaru. | ||
Amaravathi Side Hero Username: Amaravathi Post Number: 3063 Registered: 04-2015 Posted From: 65.170.103.234 Rating: N/A |
manam emanna pebas aa pk aa | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5620 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
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Hero Username: Reddit Post Number: 12528 Registered: 05-2013 Posted From: 122.169.233.155 Rating: N/A |
nuvvu gentleman kada ra Man and God met somewhere. Both exclaimed , my creator! | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5617 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
Cut ante Cut Dayyer vundhi kavala | ||
Hero Username: Reddit Post Number: 12515 Registered: 05-2013 Posted From: 122.169.233.155 Rating: N/A |
naky cut ivvu I'll save you. ;) Man and God met somewhere. Both exclaimed , my creator! | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5616 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
Law osthe edho party lo cherithe saripoddhi, party will protect u | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5615 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
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Amaravathi Side Hero Username: Amaravathi Post Number: 3045 Registered: 04-2015 Posted From: 65.170.103.234 Rating: N/A |
jaggad ni bokkalo eyyaledhu ani..nuvvu kuda alanti risk seyyak... aallu tappinchukogalaru...mana boti vaallaki kastam... and law comes after us big time on small things too | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4519 Registered: 06-2012 Posted From: 183.83.43.158 Rating: N/A |
salman, jaya, jagan, babu, kcr ni emi cheyyadu India lo law. Common man ni kooda emi cheyyadu. Kaani jail lo just one day ninnu nannu pedithe, life topsy turvy avuthundi | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5613 Registered: 04-2014 Posted From: 205.144.127.200 Rating: N/A |
India's law is a joke. Nadi road medha janalni thokkinchi champesina Salman ni emi heekalekapoyaru, outside India lo vunte 401K account declare cheyyakapothe ettestharu. Ittanti kufli kathalu pillakayalaki cheppukondayya | ||
Wellsfargo Side Hero Username: Wellsfargo Post Number: 4517 Registered: 06-2012 Posted From: 183.82.98.119 Rating: N/A |
Jail lo pedatharu. antha extremes ki vellaka poyina, ninnu Jail lo petta galam ani chala mandi dabbulu chesukuntaru. | ||
Royyala_nayudu Side Hero Username: Royyala_nayudu Post Number: 5610 Registered: 04-2014 Posted From: 98.227.72.237 Rating: N/A |
All moddaley, declare cheyaka pothe emi heekutharu ata? | ||
Emc2 Legend Username: Emc2 Post Number: 43597 Registered: 03-2008 Posted From: 108.48.4.24 Rating: N/A |
••••• Indians need to declare | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 53918 Registered: 10-2009 Posted From: 98.193.178.109 Rating: N/A |
kikiki...no 401k....no bank balance...no home...no jaab...all happies...adukku thinandi | ||
Sannayi_nokkulu Side Hero Username: Sannayi_nokkulu Post Number: 3794 Registered: 06-2014 Posted From: 209.188.90.112 Rating: N/A |
http://articles.economictimes.indiatimes.com/2015-07-08/news /64211937_1_asset-tax-authorities-law NEW DELHI: Anyone who's worked in the US and opened a 401k account may need to inform the Indian tax authorities or face harsh penalties under the black money law that came into force on July 1. Thousands of India's IT professionals and others who've worked overseas will potentially have to declare such investment plans as these will be considered foreign assets. The law prescribes stiff penalties for non-disclosure even if the asset is from income that's accounted for. "There are plans where the subscriber has certain control in terms of investments — those would definitely need to be disclosed," said Kuldip Kumar, partner at PwC India. Tax practitioners said they have been swamped with queries from professionals who worked overseas to clearly understand the kind of disclosures required to be made. A number of queries centre around investments made in pension and endowment plans that may yield some benefit to subscribers a few years down the line. Plans where contributions vest immediately and subscribers are certain to get their money will definitely need to be disclosed. The black money law covers a direct holder of an asset as well as a beneficial owner. The latter is defined as an individual who has provided, directly or indirectly, consideration for the asset for the immediate or future benefit, direct or indirect, of himself or any other person. Any future benefit plans would, therefore, be covered under this definition. "A plan such as 401k may need to be disclosed. But one would need to analyse the various plans and the vesting criterion under it closely. It should not be merely a contingent right," said Divya Baweja, partner at Deloitte Haskins & Sells LLP. "A view may be adopted that if you have an enforceable vested right, it is an asset and needs to be disclosed. Some clarity may be required on this." Hefty Penalty And Jail While the source of the investment can be explained, not reporting it risks a penalty of up to Rs 10 lakh under the new black money law. Violations could also lead to jail time. "The core of the black money law is that if a person has an offshore asset (say a bank account or subscription to such plans) and that is not reported in India even after moving back to India, such foreign asset will not be treated as 'undisclosed asset' as long as the source of that asset can be explained," said Sanjay Sanghvi, partner at Khaitan & Co. "Nevertheless, he will have to report such foreign asset in his Indian income-tax return filing." Many Indians who work in the US invest in 401k savings plans or an Individual Retirement Account (IRA) but don't close these when they return home because of the taxes involved. India consumes most of the US H-1B visa quota with about 1 lakh having been issued to citizens of the country in 2014. "The challenge is in relation to social security and other pension plans run by the foreign governments, where contributions are mandatory under the law but benefit is not linked to the individual contributions," said PwC's Kumar. "Individuals get the benefits which are defined under the laws of those respective countries. It may seem disclosure of such scheme may not be needed under Schedule FA (foreign assets), but this needs to be clarified in order to avoid any possible questioning by the authorities at a later stage." OT review on Osaravell: Paatallo ayithe okko saari Micheal jackson videos ki Jr.NTR thala emanna athikinchaaraa anipinchindhi naaku....literal ga shocking ga vunnaayi konni steps ayithe.....so called heroes ayithe ee cinema teesinanni rojulu practice chesi vundaali http://stream1.gifsoup.com/view7/20150210/5172520/chandrababu-naidu-dance-yoga-o.gif |