Hi friends,
If someone wants to transfer money say $5,000 to India via e-transfer.
Will it be chargeable to tax in India although tax has been paid on it in US?
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Sending money to india from us
Replies (3)
is it transferred to his own a/c or to third person?
to own account.
Hi
Yes you can transfer fund to NRE A/c and that will be tax free. No tax will be deducted on it while transferring fund to NRE A/c.
Thanks
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