How much US dollars cash can I carry to India?

You can bring into India foreign exchange without any limit. If, however, the value of foreign currency in cash exceeds US$ 5,000 and/or the cash plus TCs exceed US$ 10,000 it should be declared to the customs authorities at the airport in the currency declaration form (CDF), on arrival in India.

How much foreign exchange can you carry from India?

Vinay Bagri, co-founder and CEO, NiYO Solutions, a fintech startup, said, “While travelling abroad, a resident Indian can carry Indian currency (in cash) up to ₹25,000 and foreign currency notes or coins up to $3,000 per foreign trip.

What happens when you declare money at customs India?

What are the penalties if you bring in too much cash to India? Breaking customs rules in India can result in having your cash confiscated, being fined, or, in serious cases, even being arrested and prosecuted.

How much worth of goods can I bring to India from USA?

There’s no special rules for import of personal items from USA. Import of personal items when one travels to India from any country is the rule that’s framed by Customs. You can import goods worth ₹50,000 duty free and anything above that attracts duty.

How much cash can I carry from India to USA?

The legal limit to carry cash currency in US Dollars from India to USA is USD 3000 per person per trip. However, you can carry up to US $10,000 in form of currency notes, Travelers check, etc. wi….

What is the maximum amount of money I can send to India?

The legal limit to carry cash currency in US Dollars from India to USA is USD 3000 per person per trip. There is absolutely no limit of sending money to India, provided you pay the required taxes. No limit on daily and monthly transaction.

How much foreign currency can an NRI take to India?

This means NRIs can take cash in the form or bank notes up to 25K INR to overseas while returning back from their trip to India. In short, no cash limit on foreign currency for Indians but they need to acquire foreign exchange, which includes foreign currency notes, traveler’s cheque, draft etc from authorized money exchange or banks.

What are the currency regulations in India for export?

Export: Currency Regulations in India. Foreign Currency-. There is no limit to carry foreign exchange to the US. However, amounts exceeding USD 5,000 or equivalent and foreign exchange in the form of currency notes, bank notes or traveller’s cheques in exceeding USD 10,000 or its equivalent must be declared to the customs.