I live in UK and want to gift my mum PS40,000. The money would be paid into her account in Delhi. She is an Indian and lives in India. Does this transaction attract any tax? What is the limit such transfer from NRI (OCR holder) to an Indian resident (relative - mum)?

c) What formalities or say documentation required toi make/accept such gifts?

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I and my wife have been receiving funds from my son in the US ON H1-B for quite some time. Now with my advanced age and of less need, I would like to send back as much as possible. Those amounts have been shown as Gifts in some years and Ln in year's return. Now, what is the possibility and liability in the present scenario? my latest blog post
International wire transfers can be made from virtually any bank and in many cases, online, via your bank's website. Additionally, you can also send an international wire using a non-bank transfer service-which is well-worth considering since these services typically charge lower fees than banks do.
Once you've got your PayPal account up and running and have logged into Xoom with it, you'll be able to specify the currency (USD, EUR, CAD, GBP) and the amount you'd like to send to India. The next step will be to choose whether you'd like your beneficiary to receive the money via bank deposit or in cash. Once this is done, you'll need to enter their banking details, and then you'll be free to make the transfer either from your bank balance, your PayPal balance, or from your credit card or your US debit card.
I have to order some art supplies from the USA but can not order it straight from the USA to India because of high customs and taxes. If I order it to a friend's address in the USA and he ships it to me through a courier service, will there be any cost involved in that process except the shipping fees of the courier service?
There is no recipient tax on money being transferred from abroad to India when it's being sent to blood relatives. In general, "blood relatives" -- including spouses, children and grandchildren, siblings or in-laws -- don't pay tax on any amount you send.
^{NRIs can also transfer funds to and from India through Non-Residential External (NRE) and Non-Residential Ordinary (NRO) accounts. NRE accounts are meant for holding foreign earnings in foreign currency, while NRO accounts are meant for holding income earned in India (such as rent, dividends, etc.) in Indian Rupees. NRIs can transfer funds between their NRE and NRO accounts and also between their foreign bank account and NRE/NRO accounts.}
However, if you owe more to the IRS than you paid to the foreign government, you can claim the whole amount as a tax credit. So if you paid the Danish government $500 in taxes but you owe the IRS $600, you can offset the full $500 you already paid as tax in Denmark - so you'd only owe the IRS $100 as a result of claiming this credit.

Husband is NRI, and he is gifting money to his wife who is resident indian. This transfer is from husband's NRE account to wife's Resident saving account. If she does the FD and earns interest income. Taxation point of view, who will have to pay tax on this income husband or wife?

I am a NRI living outside India. I want to transfer a property in my name in India to my wife via a gift deed. As she is not able to travel to India at this time, can we execute the gift deed outside India and then register it in India when I travel. Does she have to travel to India for any part of registering the gift deed?
Xoom is a PayPal service. We're part of something bigger, something that empowers over 250 million customers around the world to make secure online transactions every day. That's a strength in numbers you can trust. And the best part is, if you have an account with PayPal you can start sending money to India right now with your PayPal payment options right at your fingertips.

Thanks for a very informative post. I have a question: A NRI transfers rs. 10.000 every month from his nri account to his resident indian brothers savings account in order to assist him financially. Is this deal taxable? If yes, who has to pay and how much?
My question is that I am a NRI in Australia and my friend in India want to give a gift of 20000 aud or around 11 lakhs rs to meWhat are the tax liability on me as a NRI from India and what are from Australian tax office.And any tax implications will my friend will face
Currently, I am living in Canada. I am sending 80,000-100,000INR every month to my dad's account. Who is living in India, Whatever money I am sending to him from my side is after tax. So, my question to you is how much money I can send to his account. So, they do not need to pay any tax to the Indian government?
^{As an NRI living in the USA, you may be subject to US tax laws on any income you earn or receive in the US. In general, the US tax system is based on the worldwide income of US citizens and residents, but the rules are different for non-resident aliens, including NRIs.}
_{A PayPal-owned company, San Francisco-based money transfer service Xoom is an all-around solid option for sending money to India, especially for cash pickups. Although it's usually not the cheapest for bank deposits, the service boasts fast and secure transfers through a wide variety of pay-out options from your mobile phone, tablet, or PC, including bank, PayPal, credit, and debit card transfers.}