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Income Tax for NRI

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  • Income Tax for NRI

    My mother visits USA for 3-4 months in two years for keeping GreenCard alive.
    She may get 0.2 million $ from a person, for no reason in her USA account.
    Should she pay tax?
    How to pay Tax?
    How can she bring those money back to india and convert into rupees.

  • #2
    Yes, she would need to pay tax. she can deposit the $200,000 check in India. she would need to pay tax in India. I would recommend breaking the amount up into cash, deposit some of it in a bank in the US, and rest take it back in the form of cash and checks and deposit in the Indian bank. you can call state bank ((212)-521-3318) for further options.

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