Question:

What is the rule in India for converting US dollars into rupees?

by  |  earlier

0 LIKES UnLike

What is the rule in India for converting US dollars into rupees?

 Tags:

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating

  1. go to any bank and u will be able to get it converted. the conversion rate will depend on the Bank.

    This money is taxable.

    If you have a NRI status open up an NRI/NRE account in india which is non taxable.

    If you went abroad but still does not have a NRI status u will need to open a NRO account which is Taxable

You're reading: What is the rule in India for converting US dollars into rupees?

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now
Unanswered Questions