My brother has a registered company in the USA and has a payment gateway. Now here in India I need to use his gateway for payment as I am into online technical services and have a registered company.
My query is that after paying taxes in USA, how can he send the rest of the money to me in India? After tax deduction, amount will be about 5 lakhs/month.
Do I need to pay taxes here in India also? (Which means it will be a double tax?) I am so confused about how to get money from there considering its a huge amount which cannot be shown as a gift.