SENSEX
NIFTY
GOLD
USD/INR

Weather

image 37    C

Business News

Livemint

Business / Livemint

details

NRI sending money to parents in India: Are overseas transfers taxable?

Indians working abroad can send money home tax-free to parents, as long as they are classified as specified relatives. While remittances are not taxed, income from investments made with that money may be taxable. Details here. 

26 May 2026 4:43 pm