TMI Blogremittance from usa to india - ImplicationsX X X X Extracts X X X X X X X X Extracts X X X X ..... remittance from usa to india - Implications X X X X Extracts X X X X X X X X Extracts X X X X ..... arify on below points.. I was in USA from Jan-13 to Jan-14 on H1B visa and was getting salary in USD in to USA Bank account. My Family was staying here in India and I used to transfer amount using di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fferent remittance service providers to my account in India or to my wife's account . I was getting Salary post TDS by employer and i I filed USA tax returns also last year. And my company is planni ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng to send me once again on the same project for next one year. My Question: * Do I need to pay any TAX in India for the amount transferred through Remittance ? * Is it compulsory to have NRI acc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ount ? * Is there any advantage of having NRI account? * Let me know any pro and cons for this kind of transaction. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the above issue? If not please inform. X X X X Extracts X X X X X X X X Extracts X X X X
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