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
Timir Palan (Business Analyst) (38 Points)
08 August 2012HI,
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
Anurag Kashyap
(In Job)
(63 Points)
Replied 08 August 2012
Originally posted by : Timir Palan | ||
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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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