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Urgent Information Needed. Please Guide


andhracrazystar

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Hello All,

I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ?  Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? 

 Serious replies only please. That is my hard earned money and don’t want to take wrong steps.

Thanks much in advance 🙏🙏🙏

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1 hour ago, andhracrazystar said:

Hello All,

I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ?  Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? 

 Serious replies only please. That is my hard earned money and don’t want to take wrong steps.

Thanks much in advance 🙏🙏🙏

Hawala

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On 11/10/2023 at 7:39 AM, andhracrazystar said:

Hello All,

I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ?  Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? 

 Serious replies only please. That is my hard earned money and don’t want to take wrong steps.

Thanks much in advance 🙏🙏🙏

Best way is check with your colleagues and friends…

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On 11/10/2023 at 7:39 AM, andhracrazystar said:

Hello All,

I sold my residential plot in India and have 40 lakhs. Now what is the best option to avoid taxes on that income in India ?  Wanted to keep money in India for few years and later plan to bring here to US slowly. Can you please guide me on the options ? 

 Serious replies only please. That is my hard earned money and don’t want to take wrong steps.

Thanks much in advance 🙏🙏🙏

bring it in $9999 per each adult of your family ...

you don't have to pay any taxes or have to declare when landing ...

40 lakhs antay $50 grand ...

so husband and wife ... can bring $20 k in single trip ... can request any cousin and family to bring another 20 k ... like that

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1 hour ago, tyrion123 said:

bring it in $9999 per each adult of your family ...

you don't have to pay any taxes or have to declare when landing ...

40 lakhs antay $50 grand ...

so husband and wife ... can bring $20 k in single trip ... can request any cousin and family to bring another 20 k ... like that

but where do you convert ruppes to $ ?

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India lo taxes mundu tappinchuko. Within one year reinvest cheyyali anukunta. Contact a CA as soon as you can. That person can guide you on ways to take your money to USA by avoiding taxes.

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4 hours ago, Jatka Bandi said:

India lo taxes mundu tappinchuko. Within one year reinvest cheyyali anukunta. Contact a CA as soon as you can. That person can guide you on ways to take your money to USA by avoiding taxes.

This is the challenge. Real estate investment lo cash accept chestunnara or everything is digital?

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6 minutes ago, andhracrazystar said:

This is the challenge. Real estate investment lo cash accept chestunnara or everything is digital?

Rendu rakalu vunnaru. But majority cash nadustundi.

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