Sale of old coins to other countries
1) Is this sale of old coins legal or illegal ?
2)If legal can i send this through Indian post courier service ?
3)How will you suggest him to transfer money ?
4)How much tax should be paid to government after he transfer money to my account ?
2 Send it through blue dart, with insurance.
3 Transfer through banking channel.
4 20% tax with cess and surcharge payable as tax on capital gains.