Personal Finance & Money Asked by Ritesh Chawda on August 26, 2021
I am confused about how to send money from Canada bank account to my Indian Saving account since I came to Canada only for work assignment for 1 year.
I came to Canada in November,2018 and moving back to India in November ,2019.
I didn’t open NRE or NRO account.
So can someone confirm me if I’ll send money through Xoom and remitly to my India saving account, will it be fine or I’ll get issue in tax filing in India ? Or will receive any notice from indian bank or income tax department ?
can someone confirm me if I'll send money through Xoom and remitly to my India saving account, will it be fine or I'll get issue in tax filing in India ? Or will receive any notice from indian bank or income tax department ?
You can transfer to savings account. You may get an enquiry from tax authorities. You have to evidence that the income is during your status as NRI. Taxes are not applicable in India.
Answered by Dheer on August 26, 2021
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