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NRI Special Episode Transfer Money Out Of India How To Do It Legally ?

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Grant service to NRI community Thanks
Comment from : @azmathullashaik1544

Please add OCI holders in the mix and bring out any exceptions Thanks
Comment from : @barasra8847

How do NRIs transfer funds withdrawn from PPF to foreign countries ?
Comment from : @rangarajangovindarajan1716

Can an NRI, transfer money delderived from closure of his PPF Account,/del to his account in a foreign country ?
Comment from : @rangarajangovindarajan1716

Thanks for valuable information Need to know after satisfying India taxes what taxes and forms we need to do in USA to get the inheritance money released
Comment from : @gigglobalministries3275

Thanks for very excellent response
Comment from : @sukhrajbath5472

This video should be titled 1 million scheme Hardly any information about regular repatriation, outside of 1 Million scheme
Comment from : @MonikaGuptaFineArt

Does a NRI need to file a A2 form transferring money from NRE account to an account abroad
Comment from : @bernadettefernandes1758

In handi pl
Comment from : @kalpeshpatel-j5m

Too much of focus on 1 million dollar scheme I was looking for some clarity on TDS of 20 but that was just a minor side note of this conversation
Comment from : @chatsomil

Gift to spouse in foreign country Does the remittance covered under this act? If not what to be done?
Comment from : @GoatORBLX

Please do videos in hindi Thankyou very much
Comment from : @thakorpatel2522

A good video sir
Comment from : @gaurangadas2630

Can money be transferred from NRO account to foreign account of self
Comment from : @gaurangadas2630

Modi only wants NRI's to pump money inside India , not withdraw their money , while he does NOTHING to ease our travel or improve banking in India
Comment from : @samrat55934

RBI Circular RBI/2015-16/78 brMaster Circular No 2/2015-16 -No-5-B Debits br br(i) All local payments in rupees including payments for investments in India subject to compliance with the relevant regulations made by the Reserve Bank br br(ii) Remittance outside India of current income like rent, dividend, pension, interest, etc in India of the account holder br br(iii) Remittance up to USD one million, per financial year (April- March), by NRI, subject to payment of tax, as applicable br br(iv) Transfer to NRE account of NRI within the overall ceiling of USD one million per financial year subject to payment of tax, as applicable br br6 Remittance of Assets br brA citizen of a foreign state, not being a citizen of Nepal or Bhutan or a Person of Indian Origin (PIO), who – br brhas retired from an employment in India, or br brhas inherited assets from a person referred to in sub-section (5) of Section 6 of the FEMA; or br bris a widow resident outside India and has inherited assets of her deceased husband who was an Indian citizen resident in India--
Comment from : @creative27feb

🙏🙏🙏I love the invaluable information, the format, the accent(people may not like it, but I loved it), the phraseology and expression, and the absolute clarity it brings to the subject 🙏🙏🙏
Comment from : @greeneyed-px5pd

great session thank you
Comment from : @vnairchannel

Good
Comment from : @piyushkumarpatel3183

Appreciate all the informative videos Very usefulI have 2 doubts in this regard1-Is Interest received from NRE FD can be repatriable same as NRE remitted fund? 2- Under which scheme I can remit Income from Non-PIS Demat Account received to NRO ac after taxation to my foreign ac? Any documentation required on the same ?
Comment from : @shabeershukkur3754

money got from selling of property can it be sent to nro account from India ex from Sbi bank?
Comment from : @praveensaml

How to contact to you Mr Sriram’s I am from USA
Comment from : @venkateswararaoMaddula

If I get money by sale of property how to get it transferred
Comment from : @aryaratnabakshi7406

If I need your services how to connect
Comment from : @aryaratnabakshi7406

SirbrWould you please post a video on the following br1after death of a person some amount of interest on account of FD (remaining till date of maturity) is credited and TDS is effected brThe nominee or legal heirs decided to close it only on maturity br2under such circumstances who shall file IT RETURN and the procedure br3whether Return can be or cannot be filled through the Profile of the deceased person or any alternative is therebr(FD interest is only an example-it can be any other income like dividends or rent or pension payments /arrears or anything like thatbr3who legally bound to file the Return and to remit balance tax if any or claim refund as the case may be
Comment from : @sreedharanmenokey3488

Marvellous
Comment from : @ramakrishnaprasad4042

Hi Sir,brIf a person went for Masters to US 2 years back and has now started working there but still doesn't have converted savings account to NRE and NRO accounts in India, what is recommended to avoid penalty : Should the existing savings accounts be converted or should those be closed to avoid penalty and new NRO account be opened?
Comment from : @PKSaini-nd1js

How much money in form of money can be gifted to nri daughter from indian parents
Comment from : @preetijain5518

Thanks to Dr Chandrakanth Bhat & Mr Sriram Rao for sharing so much of valuable information to benefit the NRI's
Comment from : @Pattt72

My question is related to transfer funds from my India NRO account to my own account in UK for my monthly expenses I wish to transfer £2500 per month What rules are applicable to mebrShekhar
Comment from : @shekhargupta715

Good work and helpful information
Comment from : @manjiyilsk7539

If the amount from NRI account from INDIA is trd to his own account at abroad under One million scheme is 20 tcs applicable
Comment from : @easwariram1940

Can NRI transfer his money to His NRI children under 1 million scheme?
Comment from : @dipenmehta4656

Sir,brI am NRI account holder My NRI states expired six month before My NRI account is joint account with another Nri I want to know my nri status to continued as it is
Comment from : @sankarnarayanan9775

How to transfer money abroad to another person or a university from my NRI account? Please make a vedio if possible Many parents whos kids are studying abroad have this problem
Comment from : @dkpelect

Is it worth to have 1 carore fd nre?
Comment from : @jayloving2005

Hindi and gujrati ma episode
Comment from : @bharatdalsania421

it's better for all NRI if you speak in Hindi
Comment from : @YK-we6vh

good info
Comment from : @DilipKumar-kx8zq

Excellent information
Comment from : @ShailendraKumar-ec5ry

Is NRI need to have (must have any bank account) in Indian bank? And how NRI can transfer money from India WITHOUT any bank account in india?
Comment from : @ps54955

Sir I am us citizen and holding OCI cardbrFrom my NRE account I give loan of 5 lacs to my unclebrNow that amount is refunding my uncle That cheq should be deposited in NRE or NRO account? Please guide me
Comment from : @Sanapsaheb

An excellent conversation with fine clarity by both of you The points got summed up in such a simple way for easy understanding by all Great job done 🎉👏👏
Comment from : @gopiexim

Can a resident Indian transfer money to his non resident son or grandsons account?
Comment from : @pradeepkulkarni5526

SBI insist on CA certificate for transfer of my pension for my maintenance brI am paying regular IT filing ITR having single bank account in sbi only brMy friends having other bank account are not insisted for CA certificate brAny way out
Comment from : @pdkumar9220

Sir, My relative presently an NRI, has one S/b account in India when she was working in India Now her earlier PAN Card is not valid since there is no income generated in India My point is whether she can remit money to her Indian account from abroad and withdraw funds for maintaining her expenses while her stay in India The excess funds if any she wants to take back to abroad also Whether there is any restriction of taking back the money at the time of her converting the funds before departure Shall be grateful if you kindly enlighten us the procedure
Comment from : @sbhattacharya9095

Instead of questions and answers from the beginning, it would have been better if the CA explained things systematically first to be followed by clarifications if any Flow will be good
Comment from : @RonyR785

One of the best information Keep the good work ❤❤❤
Comment from : @Zubair21

I am retired Indian Government official currently living in the US and receiving pension in India How can I receive my pension in USA
Comment from : @omkalia4748

Demat savings account which is ordinary acct Are you allowed to tranfer this balance to outside IndiabrIf so please give me your feedback brThanks
Comment from : @theophilusdsilva8531

AD has their own rules over and above CBDT IT RBI etc and insist for doc not called for and makes life of remmitter miserable, how to deal with them, it is initiated at lowest level and none of the superiors support the customer particulaly in HDFC
Comment from : @MushtaqueMerekar

Dear Sir brmy question is i am Indian retired i have two children son born in Berlin Germany and daughter born in Chennai India, at present they are holding German passport and oci card and are living in Europe brI have to transfer 13 lakhs to my daughter account , which is the best way to transfer regards
Comment from : @prasannabieber

I am retired person, can I buy a property in USA from India?
Comment from : @ravindrakamble9208

How much money can a indian mother gift to her NRI daughter in America
Comment from : @preetijain5518

I have my old life insurance which I need to surrender and transfer money to USA May be just couple of thousand dollars What is the procedure After becoming US citizen
Comment from : @shanukapoor

Below average articulation and communication needs to be more user friendly
Comment from : @ravs81

Very informative, thanks for the service !!!brMore, would you kindly explain about Old Gold sold now is taxable, if so what's the process?brIs it taxable at the time of sale (TDSbr deducted?) or taxable at anytime?
Comment from : @samkeighley

Thank you for the video
Comment from : @leolasrado1881

Extremely helpful videos! Have covered every single topic one could think of A suggestion: Would be incredibly helpful if you created a sort of 'cheat sheet' ie, a PDF with key takeaways from the video, maybe in the form of a newsletter that people can subscribe to brbrI find myself taking a lot of notes during the video because there is so much information, but at times it becomes overwhelming and end up dropping mid way
Comment from : @nikhiljain3917

Can a foreign passport holder, take a loan using his own property in India and repatriate it from his NRE/NRO account to abroad?
Comment from : @mariaramesh2944

If the NRE a/c is in joint names can each individual transfer $1 million?
Comment from : @ronniecherian4014

How can I sell a agricultural property which I bought 10 years ago without knowing NRI can not buy or own agricultural property
Comment from : @JeevaKoodalingam

Excellent information, Especially DrChandrakanth Bhat excellent questions and making the normal persons
Comment from : @deenadayalanthirumala2318

Soooo many forms and soo much approvals and process It's such a pain Problem is very very few CA'sankers are aware of the process, so each person to comes up with their ownbrbrWorried about disposing my Ancestry assets Might reach out to you guys when the time comesbrbrThanks for the info
Comment from : @krish955

What about maturity of LIC money can this be remitted under the million dollar scheme?
Comment from : @stellakakade7391

In one million dollar remittance can it be made in 2 financial years if the proceeds are more than 1 million dollars ie on 31 st March of one financial year and 1 million dollars on 1st April as it is considered next financial year
Comment from : @srikrishnapadyaalu4445

One of the most important subjects has no clarity online NRI and stock market brbr1) what happens if someone was exercising stock market portfolio AND LATER becomes an NRIbrbr2) do they need to open a pis or non pis account even if they are only using the existing Indian funds and not bringing in any foreign money in to Indian market brbr3) are there any penalities for not doing so as most of stock brokers don’t follow this practice and have no detailed information on the samebrbrbr4) of one has already converted the SB account to NRO and are paying all takes on earnings from stock market … Do they still need a PIS or Non PİS account brbrplease note the money used in the stock market was from Indian sources and prior to becoming and NRI
Comment from : @shirazfarooqui

So can’t send money without bureaucracy and banker shit … Why when you send money just use an app but when you want it bend backwards and show documentation,, for your own money no wonder people leave
Comment from : @ravit3010

If an NRI has rental income how much is the TDS deducted at source brA resident income from is deducted only 10 at source & why NRI is liable for more TDS at source
Comment from : @DeepakDhawan-y4s

Thank you for this very knowledgeable episodebrbrI would request you to kindly make one episode on NRI investments in GIFT CITY Gujarat
Comment from : @bharatkhatri6860

Can money sent from NRE without any issues? Thanks 🙏🏻
Comment from : @shanmugasundaram6625

Given the situation, "How to transfer money into India?" would be more appropriate
Comment from : @rakadus

Does investment in GetStake or Smartcrowd by a resident indian will fall under LRS
Comment from : @AsitKumarGupta

I have property in India I am trying to sell how I could bring the money to us
Comment from : @fiazpapa1303

Hi there! I am a Spanish national - no connection with India (never visited India) I now want to invest in Indian Stock market as I see India as a fast-growing economy Can you please advise the below ---- 1) What is the type of account I need to have to invest in India Stock Market? 2) What are the documents I need to keep ready to open these accounts? 3) I do not want to open any account which is taxable as of now, since I do not plan to sell stocks ie at the moment, I only want to put money in the stock market - not remove
Comment from : @CosmasAlmeida

Thank u, mr bhat and mr rao for updates on this issue Highly appreciate ur efforts I just need a small clarity that nri having only nro account can transfer his own money earned as interest and fd interest to his overseas bank account? Is there any limitations to it?
Comment from : @sunildevidasani1225

My uncle has a SB account with about Rs15L He is now a US citizen and wants to convert into NRO acct can he transfer after changing on next visit or is there a waiting time
Comment from : @checkreality6209

Finally got some useful information from your video Thanks
Comment from : @VrkPeru-nw2uv

Very hard to understand, he seems to be simply reading from Google and making a point Please make it easy to understand, we don't know the CA's terminologies
Comment from : @cyberbud

Shit Rao Seiram CA Rao a bc d shit
Comment from : @ravit3010

Ca Rao
Comment from : @ravit3010

How many times willbrYou say his name !! It’s annoying uncle
Comment from : @ravit3010

It is not clear regarding 15CA and 15CB For transferring funds from NRO to NRE or for outside India of NRI, bankers are insisting for the above forms, if the transaction is regarding sale of house property Should we give or not??:Clear answer please
Comment from : @chandramouliramachandran4217

What's the most important requirement of NRIs is Dual Citizenship What you are talking about is how increase the Forex Reserve for Indian Government
Comment from : @ramachandrandevasundaram

NRI money clinic videos are useful, but in a sense, incomplete as it doesnt mention the tax liabilities of NRI in the country they are Tax resident Some of the smart ways discussed as money saving ideas may not be as good in effect brbrEither you should keep putting disclaimer every opportunities or include someone familiar with Tax rules in western countries, most have similar rules but fine points may vary
Comment from : @AbubackerSiddiqPulakal

Kindly make clear how a resident parent can transfer funds from sale of property to their OCI children? How to get permission from RBI
Comment from : @rugminir8169