Money transfer from india to usa
This query is : Resolved
Vijay Rathod
(Querist)
10 June 2014
Good afternoon
My question is that, one of my client is want to give Rs.20 Lacs to his daughter who is residing at USA. How can he transfer money to USA & what is the procedure for all this. Please give me the suggestions for your expertise.
Thanking You
My question is that, one of my client is want to give Rs.20 Lacs to his daughter who is residing at USA. How can he transfer money to USA & what is the procedure for all this. Please give me the suggestions for your expertise.
Thanking You
Nikhil Kaushik
(Expert)
14 June 2014
ask him to approach his bank to make the transfer...
for a detailed FAQ, you may refer
https://www.icicibank.com/Personal-Banking/faq/detail.page?identifier=prod-outward-remittance-20131212173002343
for a detailed FAQ, you may refer
https://www.icicibank.com/Personal-Banking/faq/detail.page?identifier=prod-outward-remittance-20131212173002343
Nikhil Kaushik
(Expert)
14 June 2014
and https://www.outremit.com/outremit/jsp/outrm_faqs.jsp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Ito add credit side of bank
- Applicability of tax on invoice
- Rectification under processing even after 6 months cpc portal
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- Import of Capital Machine
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
