Tagged Questions
3
votes
2answers
58 views
Will I have to pay taxes in India when I transfer money from a US bank to an Indian savings account?
I am currently in US, and would like to transfer some amount from my US Bank account to a savings account based in India on a monthly basis through a third party like Xoom or Transfast.
If I'm going ...
3
votes
2answers
49 views
Tax questions - Working from India for US company
I am working from India for a US company and as per my knowledge I am not liable to pay any tax to US govt.
My first question is can I have them deposit my pay check in US account without any ...
0
votes
0answers
45 views
Investing in US Markets from India [duplicate]
Possible Duplicate:
How can I trade in U.S stock exchange living in India by choosing the broker in U.S?
I don't reside in US but would like to invest in US markets. If not in specific ...
2
votes
3answers
2k views
Indian working in US on H1B - Do I have to pay taxes on interest earned from Savings Bank Account in India
I am an Indian citizen, currently living in US. I am on H1-B visa and employed in a company. I stay there pretty much all year long. This means I will be classified as an RA (Resident Alien).
...
2
votes
2answers
547 views
Applicability of W-8BEN form to Indian citizen working in India for subsidiary of a U.S. company?
I am an Indian citizen and employed by a legal entity incorporated in India. The parent company of this legal entity is a U.S. bank.
Recently, all employees received a notification that since the ...
2
votes
0answers
66 views
Which USA Brokerage Firms can I transfer my India stocks to?
I would like to know which US brokerage firms I can transfer my India stocks to, after finding out my current brokerage (TD Ameritratde) requires doing so...
4
votes
2answers
777 views
Cashing a foreign check in US
Is it possible to deposit a check issued by a foreign bank in a US bank?
To be specific, I would like to know if I can deposit a check issued by a bank in India in INR in my bank in US. I was able to ...
0
votes
3answers
174 views
What is an IRA and is it applicable for Indian citizens?
Is an IRA useful for Indian citizens? What would an IRA be used for, and why would I want it?
4
votes
5answers
529 views
Moving back to India in a few years. Should I keep my savings account in the U.S. or in India?
My savings account in the U.S. says that it gives me an interest rate of 0.01% and it comes with a lot of restrictions (like limiting the number of transactions per month etc.), and checking account ...
1
vote
3answers
2k views
How can I trade in U.S stock exchange living in India by choosing the broker in U.S?
I would appreciate if you kindly suggest an answer for this question.Anything incomplete in this question should be assumed.
And also please suggest which is the best brokerage firm/broker for this ...
4
votes
2answers
321 views
My friend found out about FBAR some time after the fact. What can he do now?
My friend sold a property in India and he has funds in his bank account in India. He was thinking about either buying another property with that money to avoid taxes or something like that. (You have ...
5
votes
1answer
113 views
Foreign tax credit
I was a student in one of the universities in Texas before I graduated in Aug 2010 and moved back home to India. However since June 2010 till date, I have been working with a US based company.
...
1
vote
1answer
1k views
What are the tax liabilities for an Indian citizen working in the US?
I have an opportunity to work in the US for a period of 1-2 year.
as I have gone through the link, it suggest I don't have to pay any taxes in India as it is already included in federal tax.
I am ...
1
vote
3answers
810 views
If I am Indian citizen residing in India but earning through online freelancing in US dollars, to whom do I pay taxes?
Say I am an Indian citizen and residing in India and earning through online freelancing software programming in US dollars. Which government do I pay taxes to?
Do I pay some taxes to Indian ...
2
votes
2answers
556 views
If I am Indian citizen residing in US and earning there, do I have to pay taxes to India?
Say, I am an Indian citizen and living and working in US, do I still have to pay some taxes to Indian government? My first thought is why should I be paying taxes to Indian government because neither ...