I live in India and if one of my friend from Japan send me money in my account.
- Is this taxable for me.
- Is there any limit for receiving money from Japan to India from person other than blood relations.
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Are you sure you know the person, this can be a scam.
Is this taxable for me.
If you are getting money for no reason, it would be treated as Gift to you. If the amount is more than Rs 50,000/- You will have to declare this and pay tax as per your tax brackets.
Is there any limit for receiving money from Japan to India from person other than blood relations.
There is no such limit.