How to receive money from paypal?
By sundarforu
@sundarforu (36)
India
June 27, 2008 10:31am CST
hi, i have earned some money through online programs. The money has been sent to my paypal account. I need to transfer it to my bank india. Will there be any taxes on this money? Is there procedure to complete? Will there be any problems due to foreign exchange? please explain if you know
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1 response
@josechukkiri (3014)
• India
27 Jun 08
You can send money to any nationalized or scheduled banks of India. The minimum amount should be $10. You go to your bank and ask for the branch number of your bank which enables paypal to wire transfer your funds. I think as per the indian rules, you have to pay the taxes accordingly.
