Posted on: 05-10-17 09:23:17
Please take my advice seriously; since you are now in the great promised land with tremendous opportunities to build your wealth ground-up, leave every dime you have in India to your folks. Let them enjoy a little bit of life in praise of their high-achieving migrant son/daughter in the great west. Frankly, it sounds pitiful you want to bring what little wealth that miserable country may have, only to squander it here on mere survival and bragging rights. On the other hand, is your life so low down here that you need some measly cash from there? I urge you to immediately make arrangements for your folks to access your NRO account and let them do a little something good for themselves, in your name. Thank you.
Quote:
Originally posted by GlobalIndian
Please take my advice seriously; since you are now in the great promised land with tremendous opportunities to build your wealth ground-up, leave every dime you have in India to your folks. Let them enjoy a little bit of life in praise of their high-achieving migrant son/daughter in the great west. Frankly, it sounds pitiful you want to bring what little wealth that miserable country may have, only to squander it here on mere survival and bragging rights. On the other hand, is your life so low down here that you need some measly cash from there? I urge you to immediately make arrangements for your folks to access your NRO account and let them do a little something good for themselves, in your name. Thank you.
True. No point in bringing your hard earned Indian rupees into this broke country called Canada.
It should be the other way round, send money to India from Canada.
All my friends in USA send money in USD to their parents in India, so they can meet their expenses in old age.
Only in Canada, I have seen people bringing money in Rs. into Canada from India, instead of sending money back home ! What a miserable & shameful thing to do.
A so called third world country like India supporting a so called first world country like Canada.
I think Canada is a fourth world country in huge debt, masquerading as a first world country, leeching off immigrants money, sweat & equity.
Thanks for the advise given by members.
Can anyone guide on the exact process and procedures to be followed for remitting funds from NRO A/c in India to Canada.
You have contact a Chartered accountant who is registered with Income Tax in India. They will prepare form 15CA and 15CB. You have to take those forms and submit paperwork like source of funds and outward remittance form to the bank in India to remit funds to Canada.
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Has the last date for linking Aadhaar card to bank accounts been extended to 31st March, 2018.
Please confirm.
Quote:
Originally posted by new_migrant
Has the last date for linking Aadhaar card to bank accounts been extended to 31st March, 2018.
Please confirm.
Not yet extended for bank accounts.
