12 июл. 2024 г. · The Budget 2023 increased the TCS for foreign remittances from 5% to 20% of the transaction amount. Find out the changes in the foreign ...

29 июн. 2023 г. · Effective from October 1, 2023, the tax rate on outbound remittances from India will rise from five percent to 20 percent.

17 июл. 2024 г. · You cannot send money from India without paying tax! But we suggest you continue reading to learn how to claim your tax amount back.

30 нояб. 2023 г. · Any sum of money gifted by you and your spouse to a specified relative (including son or grandson), will not constitute taxable income in the hands of the ...

16 сент. 2024 г. · Under Sections 10AA, 801A or 80RRB, a resident, business, or HUF that has not claimed a tax deduction need to pay 6% of the turnover or gross as ...

3 мая 2024 г. · In most cases, transferring money between spouses for everyday expenses is not taxable. This is because a married couple is considered one economic unit for ...

12 окт. 2020 г. · If you are sending money from India to the UK, you will have to pay a 5% tax on any amount above ₹ 7,00,000. There is a reduced tax rate for ...

13 дек. 2015 г. · No matter how much money is sent from India, none of it will be taxed there. But India could charge any earnings made on the transferred funds. ... For example, if I am transferring 5 lakhs to my friend's ... - Quora Is there a limit to how much money can be transferred from one ... How much money is taxable if money is transfer from account to ... Другие результаты с сайта www.quora.com

Starting on 1 October, 2020, the Reserve Bank of India amended the Liberalized Remittance Scheme (LRS) to add a 5% tax to amounts over ₹7,000,000 sent outside ...

There is an exemption for taxation on small transactions below INR 700,000 (US$8,500) from the Liberalized Remittance Scheme (LRS scheme), done via debit or ...