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Gotcha
Side Hero Username: Gotcha
Post Number: 9277 Registered: 02-2008 Posted From: 99.18.131.244
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:21 pm: |
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Dhanalakshmi bank or somerhing in banglore gives 10+ This real estate is for sale. |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 192 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:12 pm: |
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Andhrawala:DId u deposit as Resident account as it gives more interest.
not sure(the deposit was on my name and not his name), for some amount he used my nre checks directly and for some money he used his check. need to get details on what kind of deposit he did |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6188 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:05 pm: |
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Andhrawala:Recurring deposit ante monthly inthaa ani vesthaavu account lo
Andhrawala:u mean Fixed deposit for 10 years.
edhi aithey emi, TENURE is fixed kadhaa. Fixed autthey 1 time esi, forward pothavu. RDS aithey, u target an amount and you achieve ur target thru monthly/yearly installments. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6187 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:03 pm: |
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Andhrawala:DId u deposit as Resident account as it gives more interest.
akkada jarigindhi adhey. eesariki edo okati chesi kaanicheyyandi gift/grandchild gift etc ani BACK teppinchukondi My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14509 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:02 pm: |
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Netsaint:maturity ayye year lo chesthadu. say ur deposit is 10 yr recurring, so 2022 lo TAX esthadu.
u mean Fixed deposit for 10 years. My guess interest si reported yearly to IT Recurring deposit ante monthly inthaa ani vesthaavu account lo No Signature |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6186 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:01 pm: |
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Rudraksha:
NRE ninchi Non-NRE ki pampinchakoodadu. ala pamputhey, 1 way only. 2 way undali ante, NRE to NRE mathrame My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14508 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 01:00 pm: |
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Rudraksha:traceability is there. money sent through NRE to india account (father). father did a fixed deposit on my name. when i am trying to get that money as i need for purpose, they are asking me to open NRO to get the money.
NRE account lo money ni NRE deposit gaane veyyaali kathaaaa DId u deposit as Resident account as it gives more interest. If so ur Dad can send USD directly to ur account saying as grandfather gift to grandchild recently my freind's FIL sent his son Rs 10 lakhs/20K as USD deposit the money which FIL got after selling house No Signature |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6185 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:58 pm: |
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Andhrawala:Tax cutting aithe sesthaadu
maturity ayye year lo chesthadu. say ur deposit is 10 yr recurring, so 2022 lo TAX esthadu. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 191 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:57 pm: |
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Andhrawala:Assalu ni legal route lone India pamperaaa how did u send the money to India to ur NRI account and then writtenc heck to someone. If so since the traceabilty is there u can just pay tax for the money earned
traceability is there. money sent through NRE to india account (father). father did a fixed deposit on my name. when i am trying to get that money as i need for purpose, they are asking me to open NRO to get the money. |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14506 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:55 pm: |
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Netsaint: Recurring esi, TDS postpone cheyyi. later maturity appudu, total intrest earned, 2 LAKS kana takkuva unte, under IT act your taxable income is zero. so adjust ayipo
Tax cutting aithe sesthaadu. But we can file return and get refund. u need to have PAN Number No Signature |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6184 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:52 pm: |
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Komaranna:regular sbi account intrest tax avoaid seyachha
Recurring esi, TDS postpone cheyyi. later maturity appudu, total intrest earned, 2 LAKS kana takkuva unte, under IT act your taxable income is zero. so adjust ayipo. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6183 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:50 pm: |
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Rudraksha:
asaluki TAX enduk kadthav thambi. you always pay on the interest kadha. are u missing some link.? My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Komaranna
Side Hero Username: Komaranna
Post Number: 3018 Registered: 07-2010 Posted From: 12.34.246.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:49 pm: |
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andhra..NRE accoutn kadu..regular sbi account intrest tax avoaid seyachha |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14502 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:45 pm: |
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Rudraksha:ok 5l ki fixed deposit chesam. ippudu vaadu only NRO account ki maatramey transfer chestamu antunnadu. we are fine with paying taxes on the interest. kaani asalu ki taxes antey already usa lo tax kattaka indiaki transfer chesina money adi. chala badhaga undi, double tax kattali antey
Assalu ni legal route lone India pamperaaa how did u send the money to India to ur NRI account and then writtenc heck to someone. If so since the traceabilty is there u can just pay tax for the money earned No Signature |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 190 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:43 pm: |
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Andhrawala:Ika deposit sesina money ki tax antee tricky question.
ok 5l ki fixed deposit chesam. ippudu vaadu only NRO account ki maatramey transfer chestamu antunnadu. we are fine with paying taxes on the interest. kaani asalu ki taxes antey already usa lo tax kattaka indiaki transfer chesina money adi. chala badhaga undi, double tax kattali antey  |
   
Komaranna
Side Hero Username: Komaranna
Post Number: 3017 Registered: 07-2010 Posted From: 12.34.246.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:42 pm: |
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endaro medhavulu andari M laku vandanalu ..thanks tammullu....f |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6182 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:39 pm: |
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Rudraksha:bro, i will be getting some money from some one
I think you are doing some sale, and yoru gaining from it. so aa income ni ekkado oka chota choopinchali kada, waiving both usa and india ante chala kastam. either at 1 place , it will be assesses, taxed,reported My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14500 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:31 pm: |
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Rudraksha: bro, i will be getting some money from some one. so I am not sure if he deposits money into my NRO, I need to pay any taxes or not?
por example u have rental properties in India and u want to deposit that into bank account Being NRI, we cant have Resident Account anymore Only account we are eligible is NRO for depositing INR Interest on the money is taxable. Ika deposit sesina money ki tax antee tricky question. U should have PAN number. Also depending on how big the amount is IT may quiz u regarding the source of funds No Signature |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 188 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:28 pm: |
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Andhrawala:NRO money is taxed in India. The tax can be reported on US tax return. take tax credit and pay US tax for the earned income
bro, i will be getting some money from some one. so I am not sure if he deposits money into my NRO, I need to pay any taxes or not? |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14498 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:21 pm: |
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Rudraksha:NRO account lo money deposit chestey ekkadina tax kattala? ex: i have some money in india and i want to deposit to NRO. in this case ekkadina tax kattala?
NRO money is taxed in India. The tax can be reported on US tax return. take tax credit and pay US tax for the earned income No Signature |
   
Andhrawala
Hero Username: Andhrawala
Post Number: 14497 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:19 pm: |
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Rudraksha:baskesh: ippudu sbh lo fixed deposit chestey, usa lo interest ki tax returns file cheyala? at the end of maturity or every year?
Best thing is to pay tax on maturity than every year Por example today u deposit $1000 converted into INR at 54. so It will be 54000 deposited for say 8 years. after 8 years it becomes 108. BUt say dollar price that time is arnd 75 or 80 then u wont get 2000 but arnd 1400. so y have to pay tax for only 400 No Signature |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 187 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:15 pm: |
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Netsaint:Non-NRE ki taxable country is source (india).
NRO ki chala doubt gaa undi. bank vallu usa taxes meeda no idea. let us say in india xyz deposits some money into my NRO. in this case is it assumed that money already tax deducted? and for this money no need to show in us tax returns?? also what about the interest earnings on this money (where taxable?)
konchem clear gaa cheppu basky. |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6181 Registered: 05-2008 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 12:01 pm: |
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Rudraksha:
NRE ki India lo akkarledu. both on Principal+Intrest. Non-NRE ki taxable country is source (india). NRE is repatriable , so USA lo report chesi kattali. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 186 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:54 am: |
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Netsaint:
NRO account lo money deposit chestey ekkadina tax kattala? ex: i have some money in india and i want to deposit to NRO. in this case ekkadina tax kattala? |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6180 Registered: 05-2008 Posted From: 166.147.123.33
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:52 am: |
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Nre lo chesthey India lo tax undadu. So USA lo kattali. Don't know it's year or after tenure. Chantodu cheppadam marichaaa all nre are fullly tax free in India and USA ki techukovali. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Rudraksha
Junior Artist Username: Rudraksha
Post Number: 185 Registered: 07-2012 Posted From: 70.181.57.58
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:50 am: |
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baskesh: ippudu sbh lo fixed deposit chestey, usa lo interest ki tax returns file cheyala? at the end of maturity or every year? |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6179 Registered: 05-2008 Posted From: 166.147.123.28
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:46 am: |
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All recurring deposit accounts are exempted under Tds. Total intrest free undevi chala chala takkuva, ppf okati fullly taxfree. Inkonni tax free schemes 5 yr above chesthe tax free. Fixed deposits.ki tds kooda tagultundi. So for u atleast avoid tds ante go for recurring deposit. My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |
   
Chitti_babu
Side Hero Username: Chitti_babu
Post Number: 2793 Registered: 03-2012 Posted From: 66.232.234.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:44 am: |
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Komaranna:basky intrest amounts meeda tax avoiding ki tips seppu...other than seniorcitzen accounts
Wife (Non working aithey) peru medha FD lu chesi, before closure of financial year FORM 15G (not form 15H) bank lo submit cheyyali....Appudu saving on TDS Of course accrued interest for the FY should not exceed 1,90,000/- |
   
Komaranna
Side Hero Username: Komaranna
Post Number: 3015 Registered: 07-2010 Posted From: 12.34.246.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:36 am: |
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basky intrest amounts meeda tax avoiding ki tips seppu...other than seniorcitzen accounts |
   
Netsaint
Side Hero Username: Netsaint
Post Number: 6178 Registered: 05-2008 Posted From: 171.159.192.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 24, 2012 - 11:26 am: |
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NRE: Lakshmivilasbank 1 yr : 9.8% Idhey highest as of now, but there is a best deal from SBH. NRE:SBH-Double (` Deposit) : 9.70%. This is a best as it doubles the amount with that rate fixed tenure, which means its a longer period offering at that rate than the LVB which is < 2 yrs My Telugu Bhakthi Blog :http://gurugeetha.blogspot.com/ |