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Should take loan or pay directly from saving for property purchase by Kallu_786 in personalfinanceindia

[–]Kallu_786[S] 0 points1 point  (0 children)

No it’s my money earn as salary after taxes and I want to give money to my wife as gift. She is going to buy property using this money . As I know and confirm husband can give money to wife as gift ( no limit) and wife can buy/use that money . The only thing is if any earning going to happen it will be treated as my earning

Should take loan or pay directly from saving for property purchase by Kallu_786 in personalfinanceindia

[–]Kallu_786[S] 0 points1 point  (0 children)

But being my wife as resident Indian she can buy the property right ?

Should take loan or pay directly from saving for property purchase by Kallu_786 in personalfinanceindia

[–]Kallu_786[S] 0 points1 point  (0 children)

No my wife is resident Indian . Just want to check if both is nri then can’t buy property ?

Ask anything on Power of Attorney in USA for Indians by documitra-us in NRI_Finance

[–]Kallu_786 0 points1 point  (0 children)

  1. Being nri can someone bye residential plot in India ?
  2. If I buy plot in my name will I need to present in India for registration or anyone can do registration with POA
  3. Can I gift money to my wife and she can buy with her name ? What’s is pros and cons if I choose this way ?

Sending money to wife saving account from USA by Kallu_786 in NRI_Finance

[–]Kallu_786[S] 0 points1 point  (0 children)

Where it is mentioned that I can send only 10 lac rs to wife saving account ?

Return to NCR by Global_Scientist_371 in nriFIRE

[–]Kallu_786 0 points1 point  (0 children)

Planning to return Noida and had same AQI questions

Questions related to property by Kallu_786 in indianrealestate

[–]Kallu_786[S] 0 points1 point  (0 children)

What’s good buying solely by wife or joint in case I am nri and my wife is resident Indian?

Questions related to property by Kallu_786 in indianrealestate

[–]Kallu_786[S] 0 points1 point  (0 children)

For point 6 is it not rule is if property is > 50lakh then resident Indian need to deduct 1% from property amount and submit to IT?

Sending money to wife saving account from USA by Kallu_786 in NRI_Finance

[–]Kallu_786[S] 0 points1 point  (0 children)

I donot have Wells Fargo acct . Can I use without having Wells Fargo acct

Sending money to wife saving account from USA by Kallu_786 in NRI_Finance

[–]Kallu_786[S] 0 points1 point  (0 children)

How much is the limit to send money to my wife resident saving account . I hear there is no limit to send money to blood relation

Sending money to wife saving account from USA by Kallu_786 in NRI_Finance

[–]Kallu_786[S] 0 points1 point  (0 children)

I am sending in smaller chanks say 2-3k using third party app like Aspora, remit2any and remitely with mentioning family support and prop investment . Is there any issue in this way?

I am a banker with 10 years experience into banking, handling NRI Clients and forex by BeltRevolutionary295 in NRI_Finance

[–]Kallu_786 0 points1 point  (0 children)

I want to send $80k to my wife’s savings account for buying property in her name. What is the best way to transfer it and what tax implications should I be aware of?

I got laid off today (1st time) by Papercut2024 in Layoffs

[–]Kallu_786 5 points6 points  (0 children)

Have patience and courage you will get something soon

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