試す 金 - 無料
Is TCS applicable on gift to NRO account?
Mint Ahmedabad
|January 26, 2026
I am a 60-year-old resident Indian and would like to gift approximately ₹30 lakh to my daughter who is a nonresident Indian (NRI).
I wish to credit the amount to her nonresident ordinary (NRO) account in India, as I do not want the hassle of foreign remittance. Is tax collected at source (TCS) applicable on this transfer?
-Name withheld on request
このストーリーは、Mint Ahmedabad の January 26, 2026 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint Ahmedabad からのその他のストーリー
Mint Ahmedabad
Buffett's successor may not get the luxury of investor patience
Value investing is a long game and Greg Abel could run out of time
3 mins
May 07, 2026
Mint Ahmedabad
AI is forcing CEOs to make a stark choice: lay off workers or make them do more
Coinbase Global Chief Executive Brian Armstrong said his company was cutting 14% of its workforce as AI changes “how we work.”
4 mins
May 07, 2026
Mint Ahmedabad
Poetry, public transport and slow travel in Iran
This excerpt from Rootless and Restless describes the circuitous route to the author's trip to Iran in 2019
3 mins
May 07, 2026
Mint Ahmedabad
Prepare for seasons of discontent even if the war ends
More than two months on from the beginning of the third Gulf War, despite warnings of oil and gas shortages in the coming weeks, stock investors in the US have used bad news to buy on the dips.
4 mins
May 07, 2026
Mint Ahmedabad
NSE sees enough OFS support even at ₹5 tn-plus valuation
National Stock Exchange of India Ltd (NSE) on Wednesday said its proposed initial public offering (IPO) has enough shareholders participating in the offer for sale (OFS) even if the company is valued at over ₹5 trillion.
2 mins
May 07, 2026
Mint Ahmedabad
Emergency credit scheme to boost bank loans, limit NPAS
Brokerages say it offers crucial buffer against stress related to the US-Iran war
1 mins
May 07, 2026
Mint Ahmedabad
Don't let Idle cash lose its value: put it to work with sweep-in FDs
Savings accounts typically earn 2-4%, often well below inflation of 4-5%, eroding purchasing power over time
5 mins
May 07, 2026
Mint Ahmedabad
Legacy fashion brands race to meet quick-delivery demands
Fashion retailers are speeding up deliveries to keep pace with instant-gratification shopping driven by quick-fashion startups, with established players and new brands taking sharply different approaches.
2 mins
May 07, 2026
Mint Ahmedabad
Marico eyes ₹20k cr by FY30, leans on new growth levers
FMCG major sharpens focus on premium products, packaged foods and a digital-first push
3 mins
May 07, 2026
Mint Ahmedabad
Air India’s Bengaluru MRO facility rollout delayed to ‘27
Delays are driven by difficulties in locally sourcing high-grade steel and specialized bolts
2 mins
May 07, 2026
Listen
Translate
Change font size