Tax on money transfers to India

sagaar

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Join Date: Apr 2006

Posts: 1
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#1

Tax on money transfers to India

04-05-2006, 01:53 PM

Hi

If you send money to your own account in Savings Account in india...do they charge any tax? Does bank deducts any tax?

With Best Regads
Sagaar
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immihelp

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Join Date: Dec 1999

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#2

07-05-2006, 09:07 AM

No, if you send to NRI accounts. If you send to NRO accounts, there will be taxes.

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