Gifts Archives | Pravasi Samwad

NRI Remittances to Parents in India: Missing Documentation Could Invite Tax Scrutiny

Family transfers from NRIs are generally tax-exempt, but maintaining a clear record of the source and purpose of funds can

Case highlights the importance of proper documentation for overseas Indians sending money to family in India PRAVASISAMWAD.COM A six-year income

Recent court rulings have repeatedly confirmed that gifts from NRIs to close relatives are lawful and tax-exempt when supported by