finance#Tag

How to file US Tax on NRE, NRO Interest 1099-INT

Written by Anil Gupta
  By Anil Gupta      Updated  27 Apr, 20
 

File NRE account interest in USA tax return. Exchange rate for USD conversion by IRS. 1099-INT is not given by Indian bank. NRE NRO FD interest is taxable.

#finance #NRI
Custom duty on iPhone from USA to India

Send iPhone USA to India, Custom Duty, GST Tax Calculator

Written by Anil Gupta
  By Anil Gupta      Updated  30 Apr, 20
 

Sending iPhone to India is expensive (customs duty + GST Tax) than buying in India. Mark as Gift does not help. Carrying and not declaring at Indian airport custom evades duty but not safe.

#finance #iphone