My Brother ( Blood Relation ) is staying in America and Have green Card i am asking a loan of Rs. 25,00,000/- he was ready to send the amount what are all the procedure here to receive the money in india and tax to be pay by me
Menu
Amount Send From America Brother to Indian brother
Replies (2)
No income tax on such receipts. Do not worry.
You have to check for RBI/Bank compliances
You have to check for RBI/Bank compliances
Dont bother you can received by tranfer in your account dirct from your brother account no need any permission
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
