Repatriation from uk

Tax queries 462 views 1 replies

HI,

Is there any taxation on repatriating money from UK. Can the same be transferred to S/B Account or NRE/NRO A/c is mandatory for such transactions 

Replies (1)
Originally posted by : Timir Palan


 

No Tax to be paid. Max 50% can be transferred to Current A/c. Balance has to be in NRE/ NRO A/c.

 



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