An Inward remittance system in India includes receipts of money that has been transferred into India. An Outward remittance system is used to track money transferred overseas.
It would be the same as for any other country. Each person liable to pay tax in India will be issued with a unique number, by means of which the tax system of India can identify the individual and track that individuals tax liability and payments over their lifetime.
The reason behind OTP is that it is time efficicent.After OTP log file will be generated and which can be used 4 easily data recovery in case of system crash.example of OTP is ATM ,chek clearing system used in bank. Placid04 BIHAR ,INDIA
James wilson in India..
In general, yes. Such as if you operated out of Australia, by net or phone or mail. Or if you did it all in India and have fled to Australia. Or if you travelled to India to do it, and have returned to your native Australia. India and Australia aren't enemies, in any case. Even assuming you are from India, did everything in India, and have only just got to Australia, they will send you back if India asks. And even if your Australian, I doubt they'll refuse some request from India, assuming there's great reason to believe you did it.
Shashi Kant Sharma, as of July 2014, is the Comptroller and Auditor General of India. Prior to this role, he was Defense Secretary of India.
no. it is available for only inward remittance in to india.
You have to be at least 18 years of age(on the date of transaction) to receive cross border inward remittance in India.
no
FIRC (Foreign Inward Remittance Certificate) refers to a document which acts as a testimonial for all the inward remittances entering to India. Most of the statutory authorities use this document as a proof that an individual has received a payment in foreign currency from outside the country. FIRC is considered a very important document as it serves a lot of purposes. If shares are issued on the name of a person or company which exists outside a country then FIRC acts as the proof of money received in lieu of share application.
China, then it spread to India and outward to Europe.
works through Karnataka Bank India and the ACH system in the US, it credits the US correspondent account of Karnataka in the US and then transfers on to the recipient, the other way around is more or less the same. This is an India/US only remittance system. It is as safe as Karnataka Bank, so far they are good. The transfers seem to be a bit faster than the usual one week.
1. Personally or through any individual. 2.By digital remittance through agencies or banks.
Panika caste is a community living in Uttar Pradesh state of India. They are a caste of Hinduism but have no faith in outward observance or idol worship.
I have used Citibank's Online remittance service to send money to India. I'm happy with Citibank's services. In fact you can also check out the link given below for more details.
india electoral system is totally impressed by western system
nature of financial system in India?
India's party system is described as a fragmented.