| Author | Message | ||
     Netsaint Side Hero Username: Netsaint Post Number: 4008 Registered: 05-2008 Posted From: 198.228.200.18 Rating: N/A |
70k rs per annum. But u can open on wife kid names. So total 3 accounts. 1 accnt 70k. It's like corpus building. 15 years. 5 5 5 u can extend. Can avail loans etc from it. nri can't open. When u become resident u can. But agents tho manage seyocchu. But if ur citizen then forget. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Ipad Junior Artist Username: Ipad Post Number: 811 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
As per TOI Public Provident Funds are a favorite investment avenue in India, thanks to the tax-free, risk-free interest rate of 8% per annum. But for NRIs seeking to put some money in this avenue, the news ain't so good. Firstly as an NRI you cannot open a new PPF account. Secondly, if you live in a country like the US or UK, you will have to pay tax there on your PPF earnings and withdrawals. Let's dive deeper. | ||
| Ipad Junior Artist Username: Ipad Post Number: 810 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
Yes that is true. As long as the system is flexible we can run the show | ||
| Andhrawala Hero Username: Andhrawala Post Number: 13175 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Can NRIs open? What is the max we can put in PPF Racha - second biggest hit Charan ke untademo antunnadu | ||
| Netsaint Side Hero Username: Netsaint Post Number: 4007 Registered: 05-2008 Posted From: 24.127.230.135 Rating: N/A |
u cannot be a non-nri and nri at same time kadha. offcourse icici banks antha pattinchukovu anuko. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Ipad Junior Artist Username: Ipad Post Number: 809 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
What bro, i didnot understand what yu are trying to tell me | ||
| Netsaint Side Hero Username: Netsaint Post Number: 4006 Registered: 05-2008 Posted From: 24.127.230.135 Rating: N/A |
just a 1 cent post. PPF account lekunte, open chesi operate cheskondi. returns baga untayi and tax free(pricipal+interest earned) My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Netsaint Side Hero Username: Netsaint Post Number: 4005 Registered: 05-2008 Posted From: 24.127.230.135 Rating: N/A |
IPAD bhayya annitlo okelaga unchukondi. evaru patitnchukoru but still My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Andhrawala Hero Username: Andhrawala Post Number: 13173 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Afraid of documenetation I never went to any bank other than AndhraBank AB lo my Dad was sr executive. so anthaa collgaa aipoyedhiii Racha - second biggest hit Charan ke untademo antunnadu | ||
| Ipad Junior Artist Username: Ipad Post Number: 808 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
SBI , lo naaku NRE ledu. Kaani it has interest rates of 10% plus IDBI lo 9.25% undi So you can choose either. I don't want to choose ICICI for NRE, as i am still holding resident account with them and do active transactions | ||
| Netsaint Side Hero Username: Netsaint Post Number: 4003 Registered: 05-2008 Posted From: 24.127.230.135 Rating: N/A |
or if u know any local managers of hyderabad,vijayawada banks andulo toseyochu like andhra bank. ekkuva documentation avi vaalu joooskuntaru My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Farmer Side Hero Username: Farmer Post Number: 2731 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
ok..thanks | ||
| Netsaint Side Hero Username: Netsaint Post Number: 4002 Registered: 05-2008 Posted From: 24.127.230.135 Rating: N/A |
SBI My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ | ||
| Raman Side Hero Username: Raman Post Number: 8396 Registered: 01-2009 Posted From: 159.182.1.4 Rating: N/A |
nre is better tax cut avvadu | ||
| Farmer Side Hero Username: Farmer Post Number: 2730 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
Thanks tamudu...this is the most helpful post in this thread...ipuudu clarity vachindi.....so basic gaa nenu nre and nro rendoo open cheyyali ani artham ayyindi... btw, yee bank loo bestoo koodaa cheppeyi | ||
| Andhrawala Hero Username: Andhrawala Post Number: 13171 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Initially u come with plan for couple of years. If u tend to stay more and eventually live longtime here u may need money for kids colelge (oppcourse neeku inkaa pelli/pillalu leranuko) u may have to bring Ippatidaaka funds US nunchi India vellinavi either in real estate or stocks or banks or gold lo vunnayi. Hardly 1-2% of that funds may have comeback
offcourse. ala anukuntee yee godava ledhuu Racha - second biggest hit Charan ke untademo antunnadu | ||
| Amigo Junior Artist Username: Amigo Post Number: 968 Registered: 05-2011 Posted From: 144.160.226.53 Rating: N/A |
NRE account is reptariable...I think we can get back in dollars when you want to but you will loose the exhange rate and other fees | ||
| Ipad Junior Artist Username: Ipad Post Number: 807 Registered: 03-2011 Posted From: 12.10.219.224 Rating: N/A |
I have both NRO and NRE opened recently for IDBI. This is part of the offer they made when giving home loan for 10.75% floating 1. NRO account can be operated by your nominee from INDIA. both ways. You can transfer Money from your SB accounts in India to NRO 2. NRE cannot be operated by your Nominee from INDIA. it has to be operated by U online / going to bank 3.Interest need not be shown in US taxes until it is realized. 4. Since i have both NRE and NRO i can tranfer USD into NRE (or) Rupees directly from NRO -> NRE | ||
| Idiot1 Side Hero Username: Idiot1 Post Number: 2338 Registered: 07-2008 Posted From: 199.245.32.210 Rating: N/A |
NRE ki tax undadu ani evadu cheppadu? NRE lo interest meeda ikkada tax kattali  | ||
| Maverick Legend Username: Maverick Post Number: 38735 Registered: 01-2008 Posted From: 204.86.209.200 Rating: N/A |
>> naaaku father ki common account ayithe FABAR delcare cheyala? yes, joint account kooda cheyyali f you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR). The FBAR is required because foreign financial institutions may not be subject to the same reporting requirements as domestic financial institutions. The FBAR is a tool to help the United States government identify persons who may be using foreign financial accounts to circumvent United States law. Investigators use FBARs to help identify or trace funds used for illicit purposes or to identify unreported income maintained or generated abroad. Who Must File an FBAR United States persons are required to file an FBAR if: The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. United States person means United States citizens; United States residents; entities, including but not limited to, corporations, partnerships, or limited liability companies created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States. Exceptions to the Reporting Requirement Exceptions to the FBAR reporting requirements can be found in the FBAR instructions. There are filing exceptions for the following United States persons or foreign financial accounts: Certain foreign financial accounts jointly owned by spouses; United States persons included in a consolidated FBAR; Correspondent/nostro accounts; Foreign financial accounts owned by a governmental entity; Foreign financial accounts owned by an international financial institution; IRA owners and beneficiaries; Participants in and beneficiaries of tax-qualified retirement plans; Certain individuals with signature authority over but no financial interest in a foreign financial account; Trust beneficiaries; and Foreign financial accounts maintained on a United States military banking facility. Look to the FBAR instructions to determine eligibility for an exception and to review exception requirements. Who is this DB member? | ||
| Sachin Megastar Username: Sachin Post Number: 29977 Registered: 04-2008 Posted From: 209.249.19.126 Rating: N/A |
ayina ikkadiki dabulu theppinchalsina avasaram emuntadi
chellike/thammudike/anna/akka ke kadaa...evaro bayatollaki kaaadugaaaa share ki gross ki thedaa theliyakapothenemi..daatar maaya box office disco lo iragadeesthaaadu... ki ki ki ... | ||
| Sachin Megastar Username: Sachin Post Number: 29976 Registered: 04-2008 Posted From: 209.249.19.126 Rating: N/A |
gotcha... naaaku father ki common account ayithe FABAR delcare cheyala? us vache mundu edo bank lo common account open chesaaam...ippudu daanaike pamputhunnano vere daniko no avidea  share ki gross ki thedaa theliyakapothenemi..daatar maaya box office disco lo iragadeesthaaadu... ki ki ki ... | ||
| Andhrawala Hero Username: Andhrawala Post Number: 13169 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
parents account ki dabbulu pampithe in future u wiont be able to bring them back. also ur siblings may have share in that money Racha - second biggest hit Charan ke untademo antunnadu | ||
| Maverick Legend Username: Maverick Post Number: 38730 Registered: 01-2008 Posted From: 204.86.209.200 Rating: N/A |
>>account naa peru meeda unte seyakoodadaaa? cheyyachy..more than 10k nee peru meeda nee account lo unte ikkada FABAR declare cheyyali..sign authority ante nuvvu santakam pedite dabbulu icche authority Who is this DB member? | ||
| Sachin Megastar Username: Sachin Post Number: 29974 Registered: 04-2008 Posted From: 209.249.19.126 Rating: N/A |
ee sign authority endi? maa dam or mom evari account ayinaa thoseyyochugaaa? account naa peru meeda unte seyakoodadaaa? share ki gross ki thedaa theliyakapothenemi..daatar maaya box office disco lo iragadeesthaaadu... ki ki ki ... | ||
| Maverick Legend Username: Maverick Post Number: 38728 Registered: 01-2008 Posted From: 204.86.209.200 Rating: N/A |
>>nenu usually india lo unna maa dad account ki transfer chesthaaa...ala cheyocha kodada? vicchala vidiga chesuko..u don't have to declare FABAR also as long as u don't have sign authority on it Who is this DB member? | ||
| Sachin Megastar Username: Sachin Post Number: 29973 Registered: 04-2008 Posted From: 209.249.19.126 Rating: N/A |
nenu usually india lo unna maa dad account ki transfer chesthaaa...ala cheyocha kodada? share ki gross ki thedaa theliyakapothenemi..daatar maaya box office disco lo iragadeesthaaadu... ki ki ki ... | ||
| Andhrawala Hero Username: Andhrawala Post Number: 13167 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
FCNR - Dollars lo vesthe dollars lone vundi interest earn sesthundhi. at present arnd 3.2% rate NRE - Dollars will be converted into INR and will be deposited. u can get the money back anytime u want comnverted at the price of dollar when it wis brought back. currently arnd 9% interest NRO - Suppose if an NRI has income from rents, share dividends etc can be deposited. u cant bring that money back NRI cant have any resident account The NRI accounts can be opened online for ICICI Bank and HDFC, Citi SBI routes the documentation to India for branch of ur choice Racha - second biggest hit Charan ke untademo antunnadu | ||
| Uppu Side Hero Username: Uppu Post Number: 4973 Registered: 11-2007 Posted From: 76.103.128.193 Rating: N/A |
Only NRE this is possible, but you loose in conversion âGenerations to come will scarce believe that such a one as this walked the earth in flesh and blood.â | ||
| Gatti_gunde Side Hero Username: Gatti_gunde Post Number: 9060 Registered: 02-2010 Posted From: 171.159.64.10 Rating: N/A |
farmer annai inko thed http://www.chalanachithram.com/discus/messages/125/150266.ht ml MEE abimaananni nenu gundello dhachukunta kani thala ki ekkanivanu - Pawan Kalyan | ||
| Xxx Side Hero Username: Xxx Post Number: 2748 Registered: 04-2009 Posted From: 166.82.172.153 Rating: N/A |
you have pay tax in US for the intreset earned on foreign bank accounts, any account with more than 10k has to be declared | ||
| Maverick Legend Username: Maverick Post Number: 38723 Registered: 01-2008 Posted From: 204.86.209.200 Rating: N/A |
NRE ki FABAR must and US tax kattali Who is this DB member? | ||
| Ustad Hero Username: Ustad Post Number: 10386 Registered: 07-2008 Posted From: 76.173.42.79 Rating: N/A |
No interest in India or US or Both? During tax filing here, we have to show income earned from foreign bank account....is FD income waived here? Fan of Fab 5: Sachin, Rahul, Saurav, Laxman and Kumble. | ||
| Farmer Side Hero Username: Farmer Post Number: 2727 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
i want an account where i can 1.deposit dollars and get rupees in india 2. retrieve my dollars if i want to, from the account... 3.deposit rupees in india and get dollars here.... ivi pozibl aaaa? with any of the accounts? | ||
| Blackmamba Moderator Username: Blackmamba Post Number: 18400 Registered: 05-2010 Rating: N/A |
kishnudu anthode jail lo puttadu kamsudini veseyadaniki ..bayata vunnalantha kishnudu kaleru ..vosthadu rajkiya kamsa samharani ki vuriki osthadu- Samara | ||
| Gatti_gunde Side Hero Username: Gatti_gunde Post Number: 9059 Registered: 02-2010 Posted From: 171.159.64.10 Rating: N/A |
http://www.chalanachithram.com/discus/messages/125/156535.ht ml http://www.chalanachithram.com/discus/messages/125/150939.ht ml MEE abimaananni nenu gundello dhachukunta kani thala ki ekkanivanu - Pawan Kalyan | ||
| Farmer Side Hero Username: Farmer Post Number: 2726 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
ok...this is ruled out... dheeni meedha evaranaa koncham light eyyandi | ||
| Funny Side Hero Username: Funny Post Number: 4143 Registered: 08-2008 Posted From: 65.165.4.60 Rating: N/A |
NRE ki ledu, NRO ki vuntundi. Take it easy | ||
| Funny Side Hero Username: Funny Post Number: 4142 Registered: 08-2008 Posted From: 65.165.4.60 Rating: N/A |
1. NRE 2. ICICI or HDFC or SBI 3. Yes, you can do it from here. already account vunte you can chage to NRE account. 4. Rupees. 5. yes you can transfer funds, but transfer rate emi khas vundadu. Take it easy | ||
| Truelies Junior Artist Username: Truelies Post Number: 465 Registered: 05-2012 Posted From: 50.59.18.138 Rating: N/A |
NRE - one way..ante usd to india NRO - two way. process - hell lot of documents..will take one week to 10 days.. u hv to send dollors, they will get converted to INR...(u can't deposit INR) u can open it from here itself.. adv: there is no tax on interest earned on FDs in NRI accounts. | ||
| Farmer Side Hero Username: Farmer Post Number: 2725 Registered: 03-2012 Posted From: 74.63.112.144 Rating: N/A |
1. NRi/nre/Nro accounts loo edhi beshtu?..asalu eee accounts vundatam valla advantage enti 2. Ye bank lo bestu? 3. What exactly is the process to open these accounts? can i do it from here, or do i have to do it in India? 4. eee accounts loo dollars deposit cheste avi dollars gaa vuntaya, leka rupees avuthaya? 5. Can I move these funds back to Usa, if and when i want to? length ekkuva ainaa koncham detailed gaa cheppandi if pozibl |
