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ICICI- NRO acct and remit to india...

Chalanachithram.com DB » New TF Industry Related » Archive through April 25, 2017 » ICICI- NRO acct and remit to india « Previous Next »
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Nservicebus
Junior Artist
Username: Nservicebus

Post Number: 235
Registered: 03-2017
Posted From: 165.234.253.48

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Posted on Monday, April 24, 2017 - 02:09 pm:       


Uno:

But you need to file return in India and claim refund for teh tax already paid in other country




manam already us lo unte manaki ela refund chestharu..again nre account na?
 

Gotcha
Megastar
Username: Gotcha

Post Number: 28132
Registered: 02-2008
Posted From: 172.87.48.134

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Posted on Monday, April 24, 2017 - 01:29 pm:       


Moviebuff001:

Plus you get better interest than keeping the money in a US bank.


akkade twistmari. india lo inflation 7.5% and interest rate 4% edi better?
...
 

Uno
Comedian
Username: Uno

Post Number: 1234
Registered: 03-2016
Posted From: 174.115.80.19

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Posted on Monday, April 24, 2017 - 01:25 pm:       


Nservicebus:




You can avoid paying tax twice for the tax you ahve already paid in US and vice versa
But you need to file return in India and claim refund for teh tax already paid in other country

India has recently entered to Dual Taxation Avoidance treaty/agreement with US
check this : http://nriinformation.com/nri_guide/dtaa_india.htm
 

Nservicebus
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Username: Nservicebus

Post Number: 234
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Posted on Monday, April 24, 2017 - 01:15 pm:       

for ex us nundi 50 lacs transfer chesamu anuko..6% interest rate lekka 3 lacs vaste per year a amount ki kooda us lo tax file cheyala leka india lo file cheyala.
can some one please clarify?
 

Uno
Comedian
Username: Uno

Post Number: 1233
Registered: 03-2016
Posted From: 174.115.80.19

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Posted on Monday, April 24, 2017 - 12:23 pm:       


Rajusk:

On top of that..your NRO interest earned will be charged at 30% Tax rate flat




It is tax withheld and a TD certificated will be issued for the amount .You can file Income tax returns and get the amount as refund (if your earninsg in India don't fall under taxable income range
 

Rajusk
Legend
Username: Rajusk

Post Number: 55589
Registered: 02-2008
Posted From: 170.74.231.21

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Posted on Monday, April 24, 2017 - 12:15 pm:       


Sachin:

ikkadi nunchi NRO acct ki entha varaku transfer cheskoivachu. tearly inthe cheyali ani limit emannaaa undaaaa?




Limit on transfer is based on the provider you use..


Sachin:

also eee trasnfer chesina amount manam ekkadanna declare cheyaaalaaa?



Moviebuff001:

Account lo any time of the year 10K USD balance datite, ikkada FBAR declare cheyyali. Antaku minchi emi ledu. Plus you get better interest than keeping the money in a US bank.




On top of that..your NRO interest earned will be charged at 30% Tax rate flat
 

Uno
Comedian
Username: Uno

Post Number: 1232
Registered: 03-2016
Posted From: 174.115.80.19

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Posted on Monday, April 24, 2017 - 12:08 pm:       

How come ICICI or any NRE/NRO account has to do with transferring funds to India

In any case if you are remiiting funds to India ,any bank /account will be happy to receive unlimited funds..Indian banks will have rules only when the money is transferred out of the country

Coming to how much max you can send/transfer,it depends on the account history you have with Xoom or any similar money transfer site (as they want to prevent money laundering) fromm $2999 to $9,999 a day

You can sign up with other sites remitly or money2india etc to send more or even wire transfer $100k from your bank
 

Bunty717
Moderator
Username: Bunty717

Post Number: 52746
Registered: 02-2008

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Posted on Monday, April 24, 2017 - 12:03 pm:       


Sachin:

week ki kadu bhayyaaa..overall limits emanna unnayaaa ani...

week ki 10k ante anthaa thakkuva amount laga undaaa neeeku


icici lo xoom kante ekkuva limit untundi..

adi try cheyi ..

or wiretransfer cheseyochu kadaa.. oka form fill cheste chaalu max 15$ tesukuntaa 2 days lo money elliptaadi..
Twitter naa 1K $ eppudu istaavu..
 

Sachin
Legend
Username: Sachin

Post Number: 42375
Registered: 04-2008
Posted From: 108.171.130.163

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Posted on Monday, April 24, 2017 - 11:59 am:       


Bunty717:

xoom lo limit undi kadaaa some 10k or something per week ani.. vaarni 10k trnsfer kaa thrd esevu.




week ki kadu bhayyaaa..overall limits emanna unnayaaa ani...

week ki 10k ante anthaa thakkuva amount laga undaaa neeeku
 

Bunty717
Moderator
Username: Bunty717

Post Number: 52745
Registered: 02-2008

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Posted on Monday, April 24, 2017 - 11:41 am:       


Sachin:

wire cheyatledu..xoom chesthunnaaa


xoom lo limit undi kadaaa some 10k or something per week ani..

vaarni 10k trnsfer kaa thrd esevu..
Twitter naa 1K $ eppudu istaavu..
 

Sachin
Legend
Username: Sachin

Post Number: 42373
Registered: 04-2008
Posted From: 108.171.130.163

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Posted on Monday, April 24, 2017 - 11:39 am:       


Moviebuff001:

Account lo any time of the year 10K USD balance datite, ikkada FBAR declare cheyyali. Antaku minchi emi ledu. Plus you get better interest than keeping the money in a US bank.




ideppudu file cheyali bhayyaaa? nenu jan lone open chesaa NRO accct ...
 

Sachin
Legend
Username: Sachin

Post Number: 42372
Registered: 04-2008
Posted From: 108.171.130.163

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Posted on Monday, April 24, 2017 - 11:38 am:       


Bunty717:

wire trnas enta aina chesukovochu..




wire cheyatledu..xoom chesthunnaaa
 

Komaranna
Side Hero
Username: Komaranna

Post Number: 8803
Registered: 07-2010
Posted From: 204.94.39.201

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Posted on Monday, April 24, 2017 - 11:36 am:       

use INDUST FAT RESMIT u will get good excahagne reate
 

Moviebuff001
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Username: Moviebuff001

Post Number: 3079
Registered: 06-2013
Posted From: 165.225.34.109

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Posted on Monday, April 24, 2017 - 11:33 am:       

Account lo any time of the year 10K USD balance datite, ikkada FBAR declare cheyyali. Antaku minchi emi ledu. Plus you get better interest than keeping the money in a US bank.
 

Bunty717
Legend
Username: Bunty717

Post Number: 52744
Registered: 02-2008
Posted From: 161.185.160.92

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Posted on Monday, April 24, 2017 - 11:32 am:       

wire trnas enta aina chesukovochu..
Twitter naa 1K $ eppudu istaavu..
 

Andhrawala
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Username: Andhrawala

Post Number: 58860
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Monday, April 24, 2017 - 11:26 am:       

enthainaa sesukocchu based on ur account balance
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Sachin
Legend
Username: Sachin

Post Number: 42371
Registered: 04-2008
Posted From: 108.171.130.163

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Posted on Monday, April 24, 2017 - 11:20 am:       

ikkadi nunchi NRO acct ki entha varaku transfer cheskoivachu. tearly inthe cheyali ani limit emannaaa undaaaa?

also eee trasnfer chesina amount manam ekkadanna declare cheyaaalaaa?

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