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Sending money from India to UK

Posted: Mon May 28, 2012 10:16 am
by hsmp1412
Hi,
I plan to invest some money in India via an NRO/NRE account. However, I am very confused about what are the laws governing the repatriation of such money to UK. As this is money has already been taxed in UK, will there be any further taxes when I move it back? Any information or direction to where this can be answered better is welcome.
Thanks

Posted: Mon May 28, 2012 10:20 am
by geriatrix
1. Talk to the staff at any of the banks that offer NRE/NRO accounts.
2. Consult a tax advisor with knowledge of international account transactions.
3. Google to search for "tax" forums.

Posted: Mon May 28, 2012 10:51 am
by hsmp1412
Thanks for the quick response!