Ostroff, Fair and Company
*Ostroff, Fair and Company>>>India Taxes

If someonemade a will after his death 1croregetstransferred from ireland to punjabbank how much tax on it?


maximum howmuchmoney can be transferred.how to know that money is from export proceeds

A will cannot be made after death,
It has to be made before death.

Monies transferred by way of inheritance will not be taxed in India. It may be taxed in any other country depending upon the tax laws there.

However, a double taxation avoidance agreement between the countries needs to be studied to comment about the taxbility of the income mentioned.
Tax will depend on the residential status of the person.
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