Hope to get some answers here but there again, these may have been asked before.
What are the rates of taxation of salary earned and is there a limit on monetary repatriations if I decide to send home my earnings?
Thank you in advance
Taxation and Monetary Repatriations
diver7up
20 September 2012 09:42:42
96
dineshvs30
03 October 2012 17:28:00
36
Hi Everybody,
I am in Angola for three months now. I want to send some money to India. Can anyone suggest me, what are the best options ?
Please share your experiences with Moneygram, Western Union, etc.
Are there any restrictions on the amount ?
dineshvs30
05 October 2012 17:58:26
36
Finally I managed to send money to India, thru Western Union, thru local Bank Millenium.
I was not aware that there is any upper limit per day, It seems it is only USD 2,000/- per day, for India.
You need your national id or you have to use somebody elseŽs id. But that is okay. You need to pay some fees in local currency, to that person, as a good gesture.
Fee charged is USD 115 for USD 2,000/-. It is costly but the money reaches fast.
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