Search found 5 matches

by v_sri100
Thu Jul 19, 2012 2:06 pm
Forum: To Chennai, Bengaluru, Tamil Nadu, Karnataka
Topic: Highest NRE FD interest rates (currently at 10%)...
Replies: -1
Views: 2

Highest NRE FD interest rates (currently at 10%)...

I'm also looking investment in NRE FDs. I'm so far not able to figure out the actual process of repatriating money from NRE account ( esp SBIR or HDFC ) back to US. What forms to fill etc ? is it completely online ? Would appreciate information from folks who have done it or point me to a thread ...
by v_sri100
Sat Feb 05, 2011 8:09 am
Forum:
Topic: Sell Real Estate in India and Move money to USA
Replies: -1
Views: 0

Sell Real Estate in India and Move money to USA

Hi,

My mother in India would like to sell a property and gift that money to me (USC). Wondering if that money can be deposited in
NRO account and can I repatriate that ? or is there any way she can directly send money to my US account ?

Your help will be appreciated.
by v_sri100
Sat Feb 05, 2011 8:00 am
Forum: Indian Jobs & Career
Topic: Foreign tax credit for state (California)
Replies: -1
Views: 0

Foreign tax credit for state (California)

Wondering if anybody else had done more research on this topic. I'm USC. Assuming a LTCG for sale of property in India (20% tax), I calculated federal foreign tax credit using form 1116 but still my federal tax has gone up ( not a huge amount ~ $500 ) but my state tax (CA) has gone up whopping ~5K ...
by v_sri100
Tue Dec 21, 2010 8:52 am
Forum:
Topic: Sell Real Estate in India and Move money to USA
Replies: -1
Views: 0

Sell Real Estate in India and Move money to USA

Hi,

I'm a US citizen and I'm wondering if I acquire an indian property through gift from my mother in India, when I sell that property at later time, would I be able to repatriate the proceeds ?

Thanks in advance
by v_sri100
Tue Mar 25, 2008 1:08 pm
Forum: To Chennai, Bengaluru, Tamil Nadu, Karnataka
Topic: NRE Account (Non Resident External Rupee)
Replies: -1
Views: 6

NRE Account (Non Resident External Rupee)

Hi, I'm NRI staying in US and I need to give a loan [~ 5L / no interest ] to my brother in india. If I give him money through my NRE account, would I be able to deposit money back again in that account once he returns it ? if not, what would be the best way to provide this loan on repatriable basis ...

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