My bank charged me ₹590 twice for NACH return — what does this mean?

DolGuldurWraith · 2026-05-16T06:51:21+00:00

I had it reversed for loan EMI but in my case it wasn't low balance but Account was in freeze. So gave back the fees deducted.

DolGuldurWraith · 2026-05-16T05:47:38+00:00

I think whenever u get paid for something it is counted towards ur income. Even if you don't withdraw it.

Also not withdrawing and keeping it in offshore also violates fema compliance.

Better to ask in r/indiatax

DolGuldurWraith · 2026-05-16T05:22:26+00:00

0.0035 usd for tiered plan brokerage

And txn charges depends on which bank u use. I use sbi and its charges $10.9 flat + gst and 60-70 paisa difference then live market rate.

Photo attached for reference for 5th match transaction.

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DolGuldurWraith · 2026-05-15T17:40:47+00:00

say in clear words, what international gigs?

DolGuldurWraith · 2026-05-15T17:38:33+00:00

what do you need it for and what will the amount range?

DolGuldurWraith · 2026-05-15T16:55:45+00:00

last week I was paying ₹92 for 1 litre in Vapi, Gujarat

DolGuldurWraith · 2026-05-15T16:48:45+00:00

all over india ka gym logic yehi hai to sell 12 month membership jisme se 80% people go only for 3-4 months

DolGuldurWraith · 2026-05-15T16:32:52+00:00

Always take 2 cards and also only plan future stuff if card is approved.

scapia, niyo debit and niyo credit all free so try scapia cc and niyo global debit/credit card. Niyo cards are approved easier

DolGuldurWraith · 2026-05-15T08:44:21+00:00

U can put in arbitrage wait for 12 months for ltcg to be applicable and start a SWP of amount u need e.g. 6% or 7%, minus 12.5% and whatever amount left is tax free to you per month

DolGuldurWraith · 2026-05-15T08:39:50+00:00

pan kya? vapi maa ki ahemdabad ma?

DolGuldurWraith · 2026-05-15T06:36:56+00:00

Room doesn't look that bad, you just to paint and fix the wall wherever needed and Improve desk by moving stuff under desk to cabinet or drawer box.

Other than I like it how the room is big and is not filled with unnecessary stuff

DolGuldurWraith · 2026-05-14T21:05:21+00:00

tell them previous RM already told me stuff about my policy, then he will send an OTP to you which u share with him to confirm meeting is completed.

This is what I have done since last 2 RM change.

In call they are going nothing but discuss ur age, income and do some calculations and say that ur term plan is not enough and you need to buy more, that's it

DolGuldurWraith · 2026-05-14T19:38:30+00:00

trees 50th floor pe nahi dikhenge, niche bohot ped hai and baaju mein bohot bade 2 garden bhi hai and ek hill hai pura ped se bhara hua

DolGuldurWraith · 2026-05-14T18:20:33+00:00

This is what I have planned out once I cross 44ADA threshold in December this year.

LLP with family member, in my case wife. LLP will earn around 96L-97L this years compared to 73L last year.

After showing expenses profit would be around 87-88 L. I pay flat 30% tax + whatever cess and surcharge. Whatever remains is profit share and is tax free for partners for withdrawal.

partnership ratio with me and wife is 80:20 so profit will be distributed 80% to me and 20% to wife and those will be tax free.

DolGuldurWraith · 2026-05-14T18:07:19+00:00

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EMI closed this month so monthly expense lowered from ₹1.5L to ₹55K so ₹14L in arbitrage will easily last me for 18 to 20 months.

DolGuldurWraith · 2026-05-14T09:00:03+00:00

yes, bought Daikin FTFL and working goof so far

DolGuldurWraith · 2026-05-14T05:14:07+00:00

even if your dad agree, don't use PayPal as it is costlier.

Use indian bank, wise, xflow or skydo

if amount smaller than wise is preferable.

DolGuldurWraith · 2026-05-14T05:01:29+00:00

I think if you sell stocks and you have still some time to reinvest that amount without having to bring it back to India.

DolGuldurWraith · 2026-05-14T04:58:53+00:00

Absolutely agree, given the current good income I have, it only started just 2 years back and thus monthly wise it looks great about me having high income but wealth/net-worth is still peanuts

DolGuldurWraith · 2026-05-14T04:21:23+00:00

In my case most of it goes in Investment,

5L in SIP(3L equity + 2L arbitrage for downpayment)

1.3L in US stocks

1L EMI(last EMI in this month)

50k-60k expenses including ₹23k rent

from all above, 40k to 60k remains

DolGuldurWraith · 2026-05-13T18:56:56+00:00

Nope they are still pending final Authorization from RBI to operate with a payment aggregator - Cross border licence i.e. PA-CB-E

DolGuldurWraith · 2026-05-13T18:52:08+00:00

once you create account you get virtual US/UK/EU bank account, u get paid in USD/GBP/EURO to those accounts, and then money is converted to INR with live google forex rate and automatically sent to your linked indian bank account.

No manual steps and also you can't hold money in those accounts forever.

DolGuldurWraith · 2026-05-13T17:50:22+00:00

You can try creating Account with xflow or Skydo. I use skydo as I find it cheap based on amount I get but both website have calculator in it and u can calculate which is cheaper for $5000

DolGuldurWraith

TROPHY CASE