r2i forum

We need a driver for the 2nd car ( to take my retiree dad around while the 1st car is used by other family members). Mostly he goes to places like hospital( regular checkup), market ( not the one nearby but for larger purchases), temple and such which are not a daily basis thing. My relatives in ...

johnphot, This has to be an earlied income ( thru' W2), selling stock or assets will NOT generate income or SS credits... It has to be a payroll payment ( or self-employment)... [quote=indian;3890]link to original thread: [URL="http://www.r2iclubforums.com/clubvb/showthread.php?t=501"][SIZE=2][COLOR ...

MeraNaseeb dude,

Jokes apart :D , are there any restrictions to the kid getting in-state status after 1 year ?

I know about the private colleges( there is no concept of in-state tuition fees), I am considering only state-aided colleges.

Can someone confirm that for subsequent years ( after 1st year), the kid can get in-state tuition fees ? I am wondering if the kid can take lesser no. of credits in the 1st year and increase it later on ? Also Is this true( the in-state kicks in after 1st year) for even if parents are Indian citizen ...

Not a double whammy but a triple whammy ( fall of the mighty US dollar)... :emangry: :emangry:

Guys,
It is not too difficult for US Congress to change laws to favor residents and USC( current law allows Indian NRAs to draw soc security benefits after 30% flat tax).
Don't bank on soc security if you returning to India ( especially w/o USC)...

My question is for tax by Indian govt.

Hi guys, I guess this might have been answered earlier but couldn't find the link. We all know that gifts from NRIs are not taxable at all. How about gifts between blood relatives who are [B][U]India residents[/U][/B]? My friend was "damn" sure that once a person becomes Indian resident, all gifts ...

I was wondering how to subscribe to foreign magazines after R2I/ Specifically these concerns:

Any GoI restrictions?
Safety of mail delivery
SPeed of mail delivery
payment arrangements ( leant worry , worst case charge it to a US credit card?).

Any other issues?

Thanks
Rasi

Pradeep, What is the sale happens in one financial year ( say in February 2007) and the subsequent purchase happens on a different financial year ( say Oct 2007) ? Wouldn't you be paying a tax when you file returns for the year that ended in March 2007 ? Then, do you claim a refund afterwards? How ...