[QUOTE=SWATS;661103]Is there any limit on the amount of money that can be sent by relatives from India as a gift to US by cheque or wire transfer? Would there be any tax involved on both sides?
Thanks.[/QUOTE]
Anyone can share their expertise ?.
Search found 98 matches
- Fri Nov 10, 2017 8:00 pm
- Forum: R2I Settle Down
- Topic: Tax on money gifted from India to US
- Replies: -1
- Views: 12
- Sun Nov 05, 2017 6:59 pm
- Forum: R2I Planning & Preparation
- Topic: Harassment from Indian Consulate/CKGS -- OCI Application
- Replies: -1
- Views: 0
Harassment from Indian Consulate/CKGS -- OCI Application
[QUOTE=crazyforger;665750]You are lucky that you are getting harassed and not molested :wink Most of us went through similar situations buddy. My family is being harassed since 2009 by a different set of officials. Just need to stay calm and not get worked up on these things. We should be grateful ...
- Sat Oct 14, 2017 7:43 am
- Forum:
- Topic: Visa people who are planning to return- come here
- Replies: -1
- Views: 0
Visa people who are planning to return- come here
[QUOTE=rakitiki;663940]I am sure the individual has to report to the IRS. The IRS gets info from the foreign banks as well, so it can possibly audit you if you fail to report your foreign holdings (if it is exceeding certain threshold).[/QUOTE] I was referring to FATCA, Dont think individuals have ...
- Wed Oct 11, 2017 8:14 pm
- Forum:
- Topic: Visa people who are planning to return- come here
- Replies: -1
- Views: 0
Visa people who are planning to return- come here
[QUOTE=desi4ever;663915]Yes
Sent from my SM-G955U using Tapatalk[/QUOTE]
I am seeing post on Individual filing FATCA. I thought it was the FI who had to report to IRS and not the individual.
Are we talking about Indian Bank asking for some details to report FATCA ?.
Sent from my SM-G955U using Tapatalk[/QUOTE]
I am seeing post on Individual filing FATCA. I thought it was the FI who had to report to IRS and not the individual.
Are we talking about Indian Bank asking for some details to report FATCA ?.
- Mon Sep 11, 2017 8:46 am
- Forum: R2I Planning & Preparation
- Topic: Aadhar card for Non-resident OCI/PIO Holders
- Replies: -1
- Views: 12
Aadhar card for Non-resident OCI/PIO Holders
One of the Post from Rajesh highlights the numerous websites mis leading people, Similar are some of the post in this forum. Few facts need to be checked before raising basic questions. Aadhar is not a nationality ID. NRI ( PIO/OCI ) are exempt from Aadhar linkage to PAN if they have a PAN. You need ...
- Wed Jul 19, 2017 9:07 am
- Forum:
- Topic: Aadhar Card & 182 days
- Replies: -1
- Views: 0
Aadhar Card & 182 days
[QUOTE=pres2011;659471]I consulted with experts on the forum and she advise that you cannot even open an account now without Aadhar card, so how one would get even job in India (OCI holder who do not have Aadhar card now) without Aadhar card, especially because pvt. companies have salary account ...
- Fri Jul 07, 2017 9:15 am
- Forum: To Pune, Mumbai, Maharashtra
- Topic: Is R2i getting easier ??
- Replies: -1
- Views: 15
Is R2i getting easier ??
[QUOTE=farfromhome;658825]This post and this thread will give you an idea [URL]http://www.r2iclubforums.com/forums/showthread.php/28333-R2I-Ground-Realities-No-discussions-please[/URL] Few more I missed in the previous post MyRoots laks0 poofygoogle SaiRamR2I KRV Suri lively KahloRiveria satbab ...
- Tue Jun 20, 2017 8:31 am
- Forum: To Pune, Mumbai, Maharashtra
- Topic: Need opion- Returning to India in middle school
- Replies: -1
- Views: 0
Need opion- Returning to India in middle school
[QUOTE=Ilovemumbai77;657869]Hi everyone, My family has spent about 7 years living in USA, but we feel like returning home. The problem is my son starts 7th grade this fall and for him learning to write new languages in India seems very difficult at this stage. I would appreciate anyone in a similar ...
- Fri May 13, 2016 9:47 pm
- Forum: Duplicate Member Detector
- Topic: Sharing container from Dallas to Chennai/Coimbatore around Apr/May timeframe
- Replies: -1
- Views: 25
Sharing container from Dallas to Chennai/Coimbatore around Apr/May timeframe
[QUOTE=geethasiva;630684]Hello, Am interested to share the container, we are moving from Dallas to chennai around may end 2016.[/QUOTE] I am not moving any stuff, but R2I June first week, there are few more ppl from Plano/ Frisco moving to Chennai. If you are interested we can connect over phone ...
- Sun May 08, 2016 7:07 pm
- Forum:
- Topic: Latest Law on RNOR and Income Tax implication (FY 2016-17)
- Replies: -1
- Views: 0
Latest Law on RNOR and Income Tax implication (FY 2016-17)
[QUOTE=okonomi;630353]RNOR of 2 or 3 years would depend on the number of days of the 729 already used up in the previous immediate 7 years. Do the numbers and see.[/QUOTE] Clarification on past stays towards RNOR days. 1) Does it include vacation days during past years 2) Should it be only worked ...