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Andhrawala
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Username: Andhrawala

Post Number: 14813
Registered: 03-2008
Posted From: 174.97.225.181

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Posted on Tuesday, October 09, 2012 - 10:03 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gotcha:

once i put money in nro it can be repatriated to dollars kada, mari tax eppudu kadatamu capital gains meeda?




Monthly deposit sese dabbu real estate meedha vachina rental income anuko aa income ki tax kattaaali

NRO is basically non-repatriable. Use it for expenses when u goto India or buy jewellary/gold and bring it back
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Gotcha
Side Hero
Username: Gotcha

Post Number: 9365
Registered: 02-2008
Posted From: 99.189.219.190

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Posted on Tuesday, October 09, 2012 - 09:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

once i put money in nro it can be repatriated to dollars kada, mari tax eppudu kadatamu capital gains meeda?
This real estate is for sale.
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Andhrawala
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Username: Andhrawala

Post Number: 14812
Registered: 03-2008
Posted From: 174.97.225.181

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Posted on Tuesday, October 09, 2012 - 09:54 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gotcha:



nterest is taxable but what about principal?


Principal is never taxable
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Gotcha
Side Hero
Username: Gotcha

Post Number: 9361
Registered: 02-2008
Posted From: 99.189.219.190

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Posted on Tuesday, October 09, 2012 - 08:23 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

NRO open cheyavachu.

nterest is taxable but what about principal?
This real estate is for sale.
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Truelies
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Username: Truelies

Post Number: 2699
Registered: 05-2012
Posted From: 74.237.6.152

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Posted on Tuesday, October 09, 2012 - 03:07 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Andhrawala:




thanks...check chestha...
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Andhrawala
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Username: Andhrawala

Post Number: 14803
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Tuesday, October 09, 2012 - 02:44 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Truelies:

friend is GC holder here....athaniki some xyz will pay money every month in india.
friend has savings a/c in india, but that is shared account. he just want account exclusively on his name. edanna margam unda?
NRE undi, but INR despoits theesukoru ani andariki telusu.




He can open NRO account where rupee deposits are accepted. Interest on the amount will be taxable
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Truelies
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Username: Truelies

Post Number: 2694
Registered: 05-2012
Posted From: 74.237.6.152

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Posted on Tuesday, October 09, 2012 - 02:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

friend is GC holder here....athaniki some xyz will pay money every month in india.
friend has savings a/c in india, but that is shared account. he just want account exclusively on his name. edanna margam unda?
NRE undi, but INR despoits theesukoru ani andariki telusu.

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