How Much The Service Charge Of Western Union If I Send Money To Oman From Saudi Arabia

How can someone in Tunisia send money out?

To send money outside Tunisia you can use MoneyGram (Money Transfer Tunisia: Send Money & Receive Money Worldwide) or Western Union .

If someone who is not an Indian or NRI send money from abroad to my normal Indian savings account, will it be taxable?

I have many of my friends working and living in abroad and when you go abroad for the very first time, you have a lot of questions in your mind, related to the NRI status, Taxing structure in that country, remittance and Tax structure and Tax rules in India. One of the most common questions I see is "When you transfer funds from an Overseas bank to a Regular Saving account in an Indian bank, are they taxable?", the answer actually is No, provided you fulfil the criteria to be an NRI i.e. you have stayed more than 182 days abroad in that financial year (31st March to 1st April).Since you have already paid tax on that amount in the respective foreign country you are earning and currently staying e.g. UK, US or Australia, you are not required to pay further tax on the same money, whether you keep them in the respective foreign currency or Indian Rupees; but there are other things to consider. For example, the reason to transfer your foreign currency in India? Who’s the person holding that saving account etc.?  If you are planning to transfer funds from overseas to your parents for their personal expenses, you should directly transfer it to their residential savings account, there won't be any further tax applied on that amount.  In short, when you transfer foreign currency from abroad to India using any foreign exchange or money transfer services, no taxes are to be paid on that amount if you are NRI. In case if you are not NRI, then you will eventually have to pay tax on the income earned in foreign countries but you can anytime claim against the tax you paid overseas.c����

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What are the taxes I have to pay in India if I transfer money to an NRE account (my account) and to a normal saving account (my family member's account)?Are the taxes on the interest I earned in India or on the principal amount?

Hi,The income earned by a person is subject to tax under the Income tax act 1961. Under the act, incidence of tax on a tax payer depends on his residential status and also on the place of accrual or receipt of income. First of all, there is no tax on account of transferring money to a NRE or savings account in India, provided the amount is earned and accrued for outside India. Refer note 1Note 1- However as already pointed out by a fellow quoran, i need to know your period of stay in india during the current year (April 14 to March 15) and the respective previous seven years in order to determine your residential status.If you are a resident during the year April 13 to March 14 (your stay in India is for 182 days or more), your global income is taxable in India until you become a not ordinary resident or non resident.The answer to your question on interest being earned from fixed deposit in India, the interest alone is taxable in India, however banks usually deduct tax at source at the time of credit to your account or at the time of accrual, based on the policy of the bank. You will have to show the interest earned when you file your income tax return, the interest shown is to match to your Form 26AS. For example, if you have a deposit of Rs.100 and earn Rs.10 as interest for a year, the bank will credit Rs.9 to your account after deducting tax of Rs.1(which can be claimed as tds when you file your income tax return).Your tax return would be as follows:Income from other sources:Interest on deposits.        Rs.10Total income:                    Rs.10Tax payable at 30%:            Rs.3(Assuming you fall underthe 30%slab)Less tds:                           Rs.1Net tax payable:                 Rs.2Note:Interest on fixed deposit from NRE accounts is exempt under section 10(4)(ii) of the Income tax act i.e they are not taxable.To summarize , with respect to the taxability of various residential status, refer the first table in the picture below:​

When the Arabian Peninsula oil runs out, will those countries become poor again? It seems to me they will have nothing to sell.

Mostly, yes. And it might not take as long as the oil running out.They will become poor because they, mostly, aren't learning to work for a living. And they won't be able to underwrite their loans with oil wells.Some of them are attempting to diversify their economy, but they aren't modernising their culture. China, Japan and Singapore are the gold standard in doing this. It's not easy. Oil countries have barely started on this, with a couple of notable exceptions. When you see them doing their own housework, building their own buildings and driving their own Hyundai, you can see they have adjusted to a post oil reality. No matter how much money you have, if you spend more than you earn, you will run out of money one day.Even those that are doing well at preparing need to factor in the the higher interest rates they will pay when their national asset is not underwriting the risk.Now for the bad news. Banks are running away from new coal mines at the moment. They know that in the next few years, free (renewable) energy will be cheaper than coal in most countries. It won't be worth replacing an old coal-burning power plant in most countries. Mines and plants run for decades, but their business model doesn't, economically. If Elon Musk and the EU have anything to do with it, and they do, oil will be the next fossil fuel to be uninvestable. Long before it run out supply will greatly exceed demand due to a bunch of business trends and technologies. Oil will still have value, but nothing like it does today. The aviation industry is insufficient to bankroll the corrupt oil dictatorships with their inefficient governments.Revolution and angry neighbors will make the leaders’ stolen wealth flee if the leaders themselves aren't dead. Ask a Libyan.Hopefully all of the oil nations will find a way. But I feel it's too late for some of them to take the Asian path to modernism. At least a couple may have the skilled leaders, and luck, to make it. I hope so.

How can I send money from india to dubai?

Yes you can transfer YOUR money to Dubai.Call your bank, they will transfer your money to Dubai. Forex transaction happens between 10 am to 3 pm from Monday to Friday. You need to be physically present in the bank to transfer the same (for the first time). make sure you keep the required document handy.the bank will deduct around ₹1500+ to transfer the same amountyou need to give the details of your friend account including the reason or the purpose, etc... and then your are done, the same will be credited with 24 hrs.Caution:Please don't transfer any money that does not belongs to you (you include your family) and,The money that you cannot give proper explanation or account to.You should give proper and true reason for why are you sending the said amount to your friend.The amount should not exceed the limit as prescribed by RBI( Reserve Bank of India) the limit may vary depending upon the reason.If it exceeds that a Certificate should be issued by a CA ( Chartered Accountant) i.e. form 15A and 15B etc..

How do I pay for an item on flipkart.com since I don't have an Indian credit card?

As per flipkart payments FAQ page. -Do you accept payment made by credit/debit cards issued in other countries?Yes! We accept VISA, MasterCard, Maestro, American Express credit/debit cards issued by banks in India and in the following countries: Australia, Austria, Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, the UK and the US. Please note that we do not accept internationally issued credit/debit cards for eGV payments/top-ups.Though, I tried multiple US credit cards (Chase Sapphire (Visa), Capital One Quicksilver (Mastercard), American Express Platinum), but none of them went through. Don’t know how there payment gateway works.I often end up buying things from amazon (they’re great in accepting all cards), when Indian cards are not handy.