| Author | Message | ||
Moviefan84 Side Hero Username: Moviefan84 Post Number: 7786 Registered: 10-2008 Posted From: 162.138.210.3 Rating: N/A |
That's correct. You don't have to declare a property in 8938. This form is to declare any financial assets (stocks, mutual funds, bank accounts) if it is more than 150k usd value. . | ||
Vja2va Side Hero Username: Vja2va Post Number: 7820 Registered: 11-2014 Posted From: 158.72.43.121 Rating: N/A |
66,666 | ||
Vja2va Side Hero Username: Vja2va Post Number: 7819 Registered: 11-2014 Posted From: 158.72.43.121 Rating: N/A |
Your friend should give to $666,666 cash to 3 friends and take checks.. Those three should go to another three and do the same.. Muraga Das told na.. | ||
Jalsa Legend Username: Jalsa Post Number: 36036 Registered: 02-2008 Posted From: 159.53.46.141 Rating: N/A |
aa posts delete cheyadam better mods... | ||
Rajusk Legend Username: Rajusk Post Number: 60026 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
zara chaduvukonna valla options cheppandi rao garu.. enti idi.. podduna lesthe ..India lo corruption thokka tholu ani disco..suggestions emo itla ...chuss | ||
Kuyyo_morro Megastar Username: Kuyyo_morro Post Number: 23979 Registered: 02-2011 Posted From: 137.254.7.167 Rating: N/A |
Indian account ninchi bitcoin koni ikkadi btc ki transfer chesukocha? Valid equation aa. | ||
Kuyyo_morro Megastar Username: Kuyyo_morro Post Number: 23978 Registered: 02-2011 Posted From: 137.254.7.167 Rating: N/A |
H wala best. But costs Rs 2 more per dollar. Got some recently. | ||
Rajusk Legend Username: Rajusk Post Number: 60025 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
you are right...overseas income ki akkada tax kadithe ikkada credit teesukovachu..sometimes it might reduce your tax burden here.. | ||
Rajusk Legend Username: Rajusk Post Number: 60024 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
aithe idi cheyyagala CA deggaraki vellali india lo.. as long as you have filed taxes in India for the last few years ..you should be fine.. basically they need tracking of money of source of purchase..and when sold..if there are capital gains..(this will depend on how long you held it)..once you paid Capital Gains..they can get those letters for you | ||
King Side Hero Username: King Post Number: 2805 Registered: 08-2013 Posted From: 104.57.181.67 Rating: N/A |
how are you going to spend the hard cash if its big amount? My cousin got around 200K cash and spending it all in cash. | ||
Hero Hero Username: Hero Post Number: 11062 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
parents can gift... just go to bank ..and do wire transfer | ||
Rajusk Legend Username: Rajusk Post Number: 60022 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
yes..anthe telusu naaku kooda.. Corp/Trust etc ante..aa route separate kada.. individuals property unna declare cheyyakarledu..so far.. | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12896 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
I did. He is the one who sent that big list of forms and documents Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Oceanseven Side Hero Username: Oceanseven Post Number: 8217 Registered: 09-2008 Posted From: 166.216.165.126 Rating: N/A |
H Wala is the best option, legal gaa pothey inkaa ekkuva brokka edathaaru anthey | ||
King Side Hero Username: King Post Number: 2804 Registered: 08-2013 Posted From: 104.57.181.67 Rating: N/A |
sure rao garu. What about state taxes ? Lucly for us no state tax. My understanding is that when you bring money, you show it as income and take tax credit for what you paid in India and pay the remaining balance here. I may be wrong. Need to talk to CPA. | ||
Saarang Hero Username: Saarang Post Number: 16491 Registered: 06-2012 Posted From: 206.29.176.78 Rating: N/A |
Vonly if the real estate is held through a foreign entity, such as a corporation, partnership, or trust, then your interest in the entity is a specified foreign financial asset that might be reportable on Form 8938. | ||
Rajusk Legend Username: Rajusk Post Number: 60021 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
No tax has to be paid here.. | ||
King Side Hero Username: King Post Number: 2803 Registered: 08-2013 Posted From: 104.57.181.67 Rating: N/A |
what are tax implications? If we pay 20% tax in India and when you bring it here, do you pay additional tax?(depending on your tax bracket) | ||
Rajusk Legend Username: Rajusk Post Number: 60020 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
rao garu..talk to your Bank manager CA is required..when Bank Manager cannot give the required letters in most of the cases Bank Manager has the capability to give..as long as you have done all transactions thru them i have a friend who did this..so pakkaga cheppagalanu don't look for illegal ways or wire transfers.. | ||
Rajusk Legend Username: Rajusk Post Number: 60019 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
thammud ..oorike public ni bhayapettaku ..rumors spread chesi if you know the page which says disclose overseas property please share it..we can disco | ||
Rajusk Legend Username: Rajusk Post Number: 60018 Registered: 02-2008 Posted From: 170.74.231.21 Rating: N/A |
don't have to disclose | ||
Uno Side Hero Username: Uno Post Number: 2063 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
check FAQ no 4: https://india.westernunion.com/WUCOMWEB/staticMid.do?method= load&pagename=faqMT  | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12895 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
 Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Stellar Hero Username: Stellar Post Number: 19599 Registered: 02-2016 Posted From: 192.200.5.41 Rating: N/A |
Rupees or dollars? | ||
Iamthefire Junior Artist Username: Iamthefire Post Number: 441 Registered: 04-2016 Posted From: 98.159.111.68 Rating: N/A |
oka sari WU open chesi chudu | ||
Iamthefire Junior Artist Username: Iamthefire Post Number: 440 Registered: 04-2016 Posted From: 98.159.111.68 Rating: N/A |
yup very simple, below 100k,i did, don't push your self into complicated situation | ||
Aquarian Side Hero Username: Aquarian Post Number: 5937 Registered: 12-2012 Posted From: 69.60.84.14 Rating: N/A |
Halwaa.. | ||
Uno Side Hero Username: Uno Post Number: 2062 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
You can not send money through WU from India Western Uniion in India is only for receiving money | ||
Andhrawala Legend Username: Andhrawala Post Number: 64192 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Didnt do recently. Currently money parked in NRO account. What my Dad said is it can be done if wanted (after talking with the bank). He himself is a CA. But limits vunnaayi upto 1 million anukuntaa No Signature | ||
Uno Side Hero Username: Uno Post Number: 2061 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
If you have not disclosed anything about the property to IRS don't bother to bring legally Instead make it has gift to your family member in India ..In another transaction get it has gift/loan through bank, legally (every Indian citizen can send/spend max 250k per year abroad) IRS may treat as money laundering if you suddenly sell property that never existed in their records.It may not be serous crime if you plead guilty of forgetting to disclose etc..But you may be fined | ||
Stellar Hero Username: Stellar Post Number: 19596 Registered: 02-2016 Posted From: 192.200.5.41 Rating: N/A |
india lo real estate lo gains teesuku ravatam kastame. | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12894 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
 anta simple aa? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Iamthefire Junior Artist Username: Iamthefire Post Number: 439 Registered: 04-2016 Posted From: 98.159.111.68 Rating: N/A |
you can do direct wire or western union no issues | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12893 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
aa 15 abc forms inko pedda process.. too much saami idi Form 15CB OBTAIN FORM 15CB FROM CHARTERED ACCOUNTANT Form 15CA STEPS TO BE FOLLOWED TO UPLOAD FORM 15CA ONLINE: 1. Login to: https://incometaxindiaefiling.gov.in 2. Go to e-filling log in page 3. Input user ID (PAN of Remitter) and password 4. After login, go to sub option: E file - Prepare and Submit Online Form (other than ITR) 5. Select form type -15CA a. Instructions are given to fill the 15CA form b. The online form is available in two parts -Part A and Part B c. Complete the respective applicable PART either PART A or PART B 6. Once the Form 15CA is filled, verify and submit 7. Go to My account-My Returns/Forms. It will show all the returns and the Forms submitted. 8. Click on the 15CA form and take a print alongwith acknowledgement Slip. 9. Form 15CA duly printed should be signed by Remitter and submitted to Bank in duplicate. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12892 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
recent transaction. So have to pay now. No No. Again, small amount ani light teesukunnaa.. may be i should talk to them.. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Ferrari Hero Username: Ferrari Post Number: 13222 Registered: 10-2008 Posted From: 192.158.48.160 Rating: N/A |
please annai..atleast oka ball park figure ayina cheppandi..entha amount ani.. | ||
Mrhyderabad Hero Username: Mrhyderabad Post Number: 12891 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
i thought so too.. did you actually do it recently? Documents required to initiate Outward remittance. 1. Form 15 CA and 15 CB 2. NRO to NRE undertaking (attached) 3. FEMA Declaration signed (attached) 4. Cheque from NRO account / letter for fund transfer. 5. Proof of Source of funds As per RBI guidelines, funds held in NRO account can be repatriated or credited after payment of applicable taxes. Hence, 15CA/15CB is mandatory for repatriating funds from NRO account or to credit NRE account Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
Speaker Hero Username: Speaker Post Number: 11290 Registered: 06-2016 Posted From: 205.194.127.36 Rating: N/A |
neeku very small amount ante kaneesam oka 10 crores ani Bunty whatsapped... Oka aalochana medilindi..aa aalochane nannu ennukundi..kaabatte ee post padindi. | ||
Andhrawala Legend Username: Andhrawala Post Number: 64187 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Hyder annaa, Above 30 lakhs or below. Tax pay chesi araam ga athechikocchu All white transaction aithe chaala easy No Signature | ||
Uno Side Hero Username: Uno Post Number: 2059 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
Have you paid capital gains tax ? Have you ever disclosed to IRS (may be on IRS Form 8938) about your propery abroad ? Hope you have Discussed about the tax and other implications with your CPA | ||
Risingstar Legend Username: Risingstar Post Number: 39776 Registered: 08-2008 Posted From: 73.141.147.55 Rating: N/A |
15% CNKV | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 66282 Registered: 10-2009 Posted From: 203.129.196.59 Rating: N/A |
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Mrhyderabad Hero Username: Mrhyderabad Post Number: 12890 Registered: 01-2008 Posted From: 47.187.20.146 Rating: N/A |
India lo real estate transaction lo vachina money (very small amount) usa ki teppinchaali ante HDFC vaadu 3 forms and 6-7 steps email chesaadu did anyone actually do it? I thought it was easy process all white transaction so planning to bring it in white hence the trouble Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |