Moving Money steadily from US to India after R2I

Salary structure, Negotiations, Perks offered, Offer evaluation, Benefits available, take home pay decisions, CTC - Cost to Company
Post Reply
jan_tuttu
Posts: 15
Joined: Tue Jun 02, 2009 9:06 am

Moving Money steadily from US to India after R2I

Post by jan_tuttu »

Experts

I have a bank account with a small local bank here in US which is linked to a few brokerage accounts. I plan to trade thru those brokerages even after I R2I.

I send money from this account to my parents SBI in India for monthly expenses as well.

Can I continue to remit money from my US account into that India account of my parents or that would not be permissible since I will not be an NRI after RNOR period.

Also what are my options if I want a steady flow of money from US bank account that does not hit me with special taxes etc later after RNOR period is over?
Post Reply

Return to “Salary, CTC, Benefits”