Service tax on remittances to India

October 26, 201425 Comments

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Non-Resident Indians (NRIs) will have to pay slightly more to remit money to India as the government of India has imposed a service tax on “fees or commission” levied by banks and financial institutions for facilitating remittances from abroad.

The move will not pose a big burden for expatriates as a 12.36 per cent service tax is imposed only on the “fee or commission charged by banks for facilitating remittances” and not on the actual remittance.
Source : Gulf News

Service tax on remittances to India was last modified: by

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Comments (25)

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  1. Tumog mo khun me hi gaddari he behenchodo..pakistan nai banta..wo b to india ka hissa tha.but dharam k aage to tum andhe hote ho.desk tukre kara dua aur nautanki pek raha he mother chod.Sayed apna no de mother chod tera ghar ghus k maa chudo.bharwa maa ki akh

  2. SAYED India aa na mother teri ammi ki fati hui gand me apna lund dal du bhorsi.randi ki aulad..

  3. Gali dena sirf tujh nahi ata gali tu koi bhi desakta hai tu kisi ki ma bahen ginega tu teribhi koi ginega lekin hamari parvarish aur teri parvarish mai fark hai tu agar tum apni maa bahen ki gali sunna pasand karge tu dusto ko gali du

  4. Tei maa choda gun kutta maa ka dalal loogo ko gaali maarta hair badwaa

  5. Irascible time naam nahi tera Behan chod madar chod ki aulad bhosrika tera maa ka saat so bad may comment kar gàndu

  6. i think few of this comentents couldnt under stand the meaninings of this post dear frends only we have to pay 12.6% on commision money ( now we r paying 1 K D

  7. Means 1KD=173 INR not good

  8. THIS IS THE LEAST WE CAN PAY BACK TO OUR COUNTRY…DONT WE GO AND USE THE ROADS THE WATER ETC IN INDIA WHEN WE GO FOR VACATION…..NEITHER DO WE HAVE TO PAY TAX HERE THEN Y SUCH A HUE AND CRY… FIRST OF ALL OFFICIALLY DONT KNOW IF ITS COME OUT ANYWHERE..

  9. The government provides no service to the expatriates in foreign countries, in fact not even proper consular services and worst it does not even care and the hard earned money is already been charged 1% by the money exchanges and the banks charge inter-bank exchange rates with the foreign currency transaction commission. On that service tax. Is this what Modi said of Ache din.

  10. Achche din hain… Afwaahon pe mat jaao….
    Follow the link below…

  11. Black money ko badawa de rai hai govt. Fir log hundi se paise bhejenge this will effect in our economy

  12. There is no impact on actual remittence and they may deduct the service tax which we are paying 950fills

  13. Teri ammi bhej.me chodta hu bhosri k

  14. Foking government of India .bjp now start to fill the bank

  15. Pehle bat karna dikh le mother chod

  16. Ha be harami ki aulad.gaddar bharwa tu to bolega hi aisa.wahi reh ja mother jat..harami

  17. Maa chodo kattu log..desh drohi kattu log

  18. government ku dam hai black money ku vapas lov .nri ki uppar hat mat dalna app ka government katam hojayige.government ku seeda kabarastan bejega.

  19. This will never happen. If it happens indian foreign exchange will go down.

  20. Haram khor Saale an hamari kamayi par b Nazar padh gayi hai Kutton ki

  21. Haram khor Saale an hamari kamayi par b Nazar padh gayi hai Kutton ki

  22. ma chdaoo aab es sarkar say

  23. Acche do agaye.. ageya agey dekho ha hai adekho hota hai kya Bjp will prove to be the worst party for our country

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