Search found 5 matches
- 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 ...
- 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.
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.
- 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 ...
- 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
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
- 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 ...