TaxTMI 
TaxTMI 
remittance from usa to india - Implications
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....emittance from usa to india - Implications<br> Query (Issue) Started By: - Sreeni P Dated:- 9-3-2015 Last Reply Date:- 22-2-2016 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Team, Please help to cla....
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....rify 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 dif....
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....ferent 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 plannin....
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....g 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 acco....
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....unt ? * 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 t....
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....he above issue? If not please inform.<br> Discussion Forum - Knowledge Sharing ....