| Author | Message | ||
Andhrawala Legend Username: Andhrawala Post Number: 46231 Registered: 03-2008 Posted From: 98.122.147.86 Rating: N/A |
NRI Savings account is called Non resident Rupee NRE. Only dollars can be deposited If u have any properties in India and u get rent then u need to have NRO account. This is kind of similar to local savings/checking account where only rupees can be deposited No Signature | ||
Scorpio Hero Username: Scorpio Post Number: 13683 Registered: 09-2008 Posted From: 170.167.192.215 Rating: N/A |
Good Info... (2) NRI SB A/c: deenlo dollars veyyochaa? ruppe maathrame veyyaalaa? Amaravathi - CBN - Andhra Glory | ||
Uppu Side Hero Username: Uppu Post Number: 8778 Registered: 11-2007 Posted From: 8.18.111.244 Rating: N/A |
NRE account current rate ki covert chestaru, dollars kavalnate malli convert chesi istaru. Manki ichhedi takkuva rate untundi | ||
Jeffa Junior Artist Username: Jeffa Post Number: 468 Registered: 10-2012 Posted From: 15.219.162.22 Rating: N/A |
one hint: If you are opening a Rupee FD in India, open it from your NRI account since it will become NRI FD and there will be no tax on the interest. But lets say you have TWO accounts in India (1) Local Savings Bank A/c (2) NRI SB A/c You send money to India to (1), it will become local money and interest earned on that would be taxable in India. Lets say you send money to (2) and transferred to (1), then also it will become local money. So, the best way is to remit money to (2) and buy an NRI FD with a check from (2) above. Then once this FD matures, the bank gives a DD or check in NRI status, which can be deposited back to your NRI account (2) above. Bottom line. You need to save the NRI status of your money as long as you can. But if you lose that status, your capital gain on it would be locally taxable. But the catch is... Uncle SAM in US will eat what you have avoided as a tax in India. (You need to declare world income in US tax returns and you can deduct the tax that you have already paid outside US). Bit complicated but a proper planning would yield good results | ||
Andhrawala Legend Username: Andhrawala Post Number: 46221 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
superr kathaa. Mari endhuku maa OG annai meedha janaaalu kathi katteruu No Signature | ||
Vja2va Side Hero Username: Vja2va Post Number: 2735 Registered: 11-2014 Posted From: 158.74.35.7 Rating: N/A |
akkarala... Inko id create seste chalu Vizagpatriot ante MAV, PAVALA bag lo padataru.. JaganNirdoshi ante KNF unnadanta kummaristaru.. Yellowfellow ante Sasibob 100k tagganivvaru... Chiru_god ante MOM unnadanta rasistadu... Just ee ID aina sesani kurrod tho approve seyiste chalu  | ||
Vja2va Side Hero Username: Vja2va Post Number: 2734 Registered: 11-2014 Posted From: 158.74.35.7 Rating: N/A |
DB kadu kani BM try chestundi meeru kuda try cheyochu... Information teppinchi SEBI ki apply cheyandi.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 46219 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Do the planning in WhatsApp group. DB is just for implementation No Signature | ||
Vja2va Side Hero Username: Vja2va Post Number: 2733 Registered: 11-2014 Posted From: 158.74.35.7 Rating: N/A |
Ee scheme (scam) ki aina Sesani blessings full ga undali.. Oka scheme (scam)start avagane good scheme antadu.. Andaru jump in. Andaru invest sesaka malla vatchi baga check chesukondi intaku mundu scams jarigayi ani side aipothadu... Appatike andaru book.. 12% on FCNR deposits scheme baga work ayyetlu undi.. Dollaru appreciate aite we return money in dollarus Rupeeu appreciate aite we return money in rupeeus.. No tax in vindia or ikkada ante chaalu.. Taravata aa money tho hyderbad lo oka posh villa konukkoni with swimming pool inside, andulo swim sestu pakkana wine glass tho sip sestu cashew pakodi tintu apple ipad air lonchi duck farm lo ducks ni penchutunna.. Duck eggs smell so bad you know ante chalu.. Life set..  | ||
Moviefan84 Side Hero Username: Moviefan84 Post Number: 7660 Registered: 10-2008 Posted From: 162.138.210.3 Rating: N/A |
1998 lo anukunta india lo nr deposits meeds 18% interest. Can you believe that? Of course, the USD = Rs. 35 then. | ||
Ustad Megastar Username: Ustad Post Number: 25819 Registered: 07-2008 Posted From: 199.66.1.5 Rating: N/A |
manam oka kotta scheme plan chesi andarini millionaires cheddam. Wat say? Negative people suck the life out of you. Stop wasting time fighting battles and trying to win people over that don’t matter. | ||
Andhrawala Legend Username: Andhrawala Post Number: 46212 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Natianla banks like SBI, Andhar Bank max arnd 3.6% anukuntaa Tamilnadu mercantile Bank giving 4.5%. Just verified http://www.tmb.in/nri_nre_fcnrb_rates/attractive_interest_ra tes_for_fcnr_b_deposits.html No Signature | ||
Redbull Side Hero Username: Redbull Post Number: 4302 Registered: 03-2009 Posted From: 195.43.48.136 Rating: N/A |
@AW annai..4.5 interest days poyinaayi... max 2.5 to 4 istunnaru indian banks lo NRI presence ekkuva ayyaka..they are keeping close watch.. and interest rates FCNR pynaa baagaa thagginchaaru chaalaa mandhi ikkada personal loans theesukuni break dance veste...okkosaari conversion debbai pothaaru | ||
Redbull Side Hero Username: Redbull Post Number: 4301 Registered: 03-2009 Posted From: 195.43.48.136 Rating: N/A |
yes..they are called FCNR fixed deposits.. 1) no tax for interest earned in india.. 2) tax returns lo in UK..did u receive any interest ani oka section vuntundhi..legally..we may have to fill this..but US lo tax system pyna no clue.. 3) interest rates between 1.5 to 2.5 vuntundhi..based on tenure of deposit | ||
Bunty717 Moderator Username: Bunty717 Post Number: 46699 Registered: 02-2008 Rating: N/A |
ICICI lo ilaa chesukovochu kadaa annai.. | ||
Andhrawala Legend Username: Andhrawala Post Number: 46207 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Tax implications antee US lo we have to pay tax for World wide income FCNR lo 5 year deposit vesthe u get around 4.5% NRE lo rupee deposit u get around 8% but when coverting u have to buy USD at market rate No Signature | ||
Jambalahaart_raja Side Hero Username: Jambalahaart_raja Post Number: 6313 Registered: 07-2008 Posted From: 171.159.64.10 Rating: N/A |
India lo, Indian Bank lo, Dollars deposit chesi, Dollars loney neeku interest ichhi... Dollars lo withdraw cheskuntaavaa?? Asalu Banking Business enduku?? Currencies enduku? World Economy enduku?? The very nature of Fixed Deposit Account does not allow other Currencies other than the National Currency, for all transactions including Interest paid. "Chill Bro. I told you to let it go!!" - The Budhha. | ||
Vja2va Side Hero Username: Vja2va Post Number: 2731 Registered: 11-2014 Posted From: 68.100.233.207 Rating: N/A |
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Jalsa Legend Username: Jalsa Post Number: 33925 Registered: 02-2008 Posted From: 69.126.211.48 Rating: N/A |
inka andhrawala or sesani postaledenti ee thread lo | ||
Vja2va Side Hero Username: Vja2va Post Number: 2730 Registered: 11-2014 Posted From: 68.100.233.207 Rating: |
Maa s_f tammud lekapoye sariki common men alladi pothunnar.. | ||
Rgb Side Hero Username: Rgb Post Number: 2236 Registered: 06-2014 Posted From: 71.187.193.15 Rating: N/A |
Manaki Indian bank lo higher interest rates use chesukone avakaasam vundha? If so what are the tax implications? I am looking for accounts that keep the amount in dollars considering that rupee is probably going down further |
