my daughter wants to send 100000INR from australia{ 2000 aus$ to India. as she wishes to spend the same during her visit in december. I am a regular tax payer. What are the tax implications in india

All NRI’s are advised to have an NRE account for the purpose of sending money to India from income earned abroad. NRE accounts are non-taxable and come with great benefits for NRI's including a debit/credit card. Your daughter can transfer funds to her NRE account and use it to spend the money during her visit. To learn more about NRE accounts, please refer to the articles below:

Most Viewed Q&A

Related Articles

Go Mobile

Get the Best Exchange Rates, Important Remittance Information and
Special Promotion Alerts on the go! Download Our Mobile App on your Smartphone or Smartwatch.

google play apple app store

Get Listed or Advertise

Download Our Free App

Try our faster, enhanced mobile app for a better experience

CompareRemit App