#inward remittance


Receiving money from your NRI relative? How to use it and its taxation

India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We all have that one friend or a relative living abroad who regularly sends money back to India for family maintenance, investments, medical care, education, and more. Such inward remittance is governed by […]

Managing Partner, Victoriam Legalis
14 Jun 2024