My daughter in US is a neighborhood. How much can she gift mother and sister in 2019 from her nro account. dollars to rupees ideas for small selling rate usd to inr
Yes, as a Person of Indian Origin (PIO) who has acquired foreign citizenship, you are eligible to purchase immovable property in India, subject to certain conditions and restrictions.
Transfer Fee: Differs depending on amount and how you pay them. Paying them by bank transfer is free, but if you pay by card the fee is percentage based.
In a recent decision, PayPal suspended all domestic and incoming international transaction operations for individual accounts in India. While domestic and cross-border PayPal payments remain available for businesses, everyday Indian users face heavy restrictions on how they can use PayPal. Besides no longer being able to make and receive transfers, for example, users aren't able to top up their PayPal balance, making PayPal wallets almost unusable in India, except for online shopping.
Hi, can you tell what is the difference between money sent to NRI daughter or son by India Resident father through banking channel under the category of "maintenance" versus "gift". Does these two options mean same?
Would be thankful if provided needed authetic information addressing above querries.
I understand that such gifts are exempt under both countries Tax Laws since it is a Gift to a relative - Sibling / Brother
Western Union has different fees for nearly every country it sends to, and we've seen fees range from as low as $3.50 up to $100 or more. These fees depend on how you are paying for the transfer and how the transfer will be collected. Agent location fees aren't typically posted online, but Western Union's online fees are based on: