Sentences with phrase «rupee accounts»

The best way for an NRI to avoid paying a high TDS is to open a Non Resident Ordinary Rupee Account (NRO), a Foreign Currency Non Resident Account (FCNR) and a Non Resident External Account (NRE).

Not exact matches

The rupee joins the rupiah (which had fallen more than 13 % against the U.S. dollar as of August), and Brazil's real in a spate of tough economic times for developing nations, particularly those with large current account deficits.

The domestic pharmaceuticals industry output is expected to exceed 260 billion Indian rupees (US $ 5.2 billion) in fiscal year 2002, which accounts for 1.3 % of the global pharmaceutical sector.

Even without Amazon's discounting taken into account, books start at 45 rupees and go up to 250 with international bestsellers peaking at 333.

i have 34 SIP's of 100 rupees through my HDFC salery account.

Rupee Remittance and US Dollar transactions initiated through Business accounts will attract a service charge1.

I have approx 1.50 Lakhs Rupees in savings account for combined expenses.

I manage to save around 1000 rupees per month which remains idle in my savings account.

- Redemptions are made in Rupees either by check or direct transfer to your account.

In order to invest in mutual funds, you will have to open either one of three types of bank accounts because all investments must be in Rupee.

Redemption proceeds (after deduction of taxes) are paid in rupees by cheque to the account number provided.

NRO Account (Non-Resident Ordinary Account): To park your Indian earnings in rupee denominated savings, current, fixed and recurring deposit accounts.

@Pb89 A normal NRE account is designated in Indian Rupees.

If you send your friend a cheque, denominated in Indian Rupees, drawn on your NRE account (which is an account held in a bank in India), that cheque will most likely be refused by your friend's bank for deposit into your friend's NRE account.

The Interest rate of 3 % and 7.5 % is for funds held in regular savings account that are denominated in Rupee.

Banks ran out of cash after the ban on 500 ($ 7) and 1,000 rupee notes, which accounted for about 85 % of the money in circulation.

Hello sir, i sell my site on 10/11/16 at 6lakh sixteen thousand rupees government stamp value is 5lakh same day he give me a cross cheque and amount 6lakh will be credited in my saving account then site registered complete, know I have 6lakh in my saving account it's any tax problem?

The account should be denominated in Indian Rupee and banks are free to determine the interest rates.

There are two ways of premium payment; one is foreign currency - denominated policies in which you pay the premiums in foreign currency or through your NRE / FCNR account, and second is rupee denominated policies in which you pay premiums in rupees using NRO accounts.

The account holder can make one deposit in this account and that amount has to be a multiple of Rupees 1,000 and it can't extend beyond Rupees 15 Lakh.

I have 2 lacs rupees now, I would like to invest whole - sum in ELSS for 3 years long term plan for tax exemption and good returns, But still i am not able to choose the best and i have already a bank account in HDFC, If would opt HDFC tax free fund.

I try to deposit in postoffice monhly income - plan near 8 lacks rupees in 4 different accounts, but some body telling the benifit is taxable above 10000.

To kick things off, Stripe is launching a beta with a limited number of subscribers — you can sign up to be notified on this page — and promises to connect its platform with local bank accounts, so users can receive payouts in Indian Rupees.

While the transfers are recorded on Stellar's ledger in a cryptocurrency called «lumens,» ICICI Bank holds the value for these transactions in Indian rupees in a pooled account.

Either directly transfer it to your friend over the internet and ask him to pay money in your bank account (as per the current price of bitcoin in Indian rupee) or you can get this exchanged at several bitcoin exchanges in India.

Selling Bitcoin is just as easy: you will receive Indian rupees directly into your bank account.