r2i forum

Can someone tell me how to calculate income tax from the rental income earned fron letting out a residential property? Consider an example that you are a green card holder living in USA, earning Rs 6,00,000 per annum from rent. My understanding on tax calculation FOR YEAR 2007-2008 is - Rent 6,00 ...

[quote=sriks;6897]check out with sbi;if you have sbi branch in your city then you could visit bank and negotiate a good eaxhange rate for the above big sum. check out at their site for opeining accounts online.[/quote] ------------------------------------------------------------------ Thank You! I ...

I think it is better to move your funds to India for 2 primary reasons. One is the appreciating RE against USD and number two more importantly, you can have nominations in India easily. If the money is in US bank, then it gets locked assuming that you have nobody in USA to take care of it. Just my 2 ...

R2Ied and Experienced, please advise me on how to transfer 200k for the best possible exchange rate. I know there is an existing thread about this topic but I see only mixed opinions about it and not a firm, proven method. :( The limit to carry it in cash is only 10K per person. Also, if you carry ...

I don't remember seeing you there!! Where were you?? :)
Right On!! Beer is good enough over there any time of the season and then sneak into Bade Miyan's dhaba to hog on rumali roti and seekh kabab...man I miss that...hope that place is still there and thriving...

Wonderful start by AAR and others! I am sure lot of us can benefit from the opinions and experiences shared by the senior members of this group who are currently working as managers or almost there... I have a friend who has done his MBA and worked on a project in the lead role. Although the project ...

I don't think so. What method ware you planning to use? ICICI or Citi or SBI? I am also looking to tansfer more than $150K and looking for the best rates. Don't know who can offer me the best exchange rates. Someone told me that if you have a contact with someone working for RBI, you may the RBI ...