Relive your summer days!

It’s summer time here in India and we are sure that all of you would have fond memories from school and college before you moved abroad. To keep with the summer spirit of fun and vacations, we are running special offers for our NRI friends across the world.

If you are sending money to India from  US, UK or Australia, we have guaranteed extra benefits on every dollar/pound you send. What’s more, if you are using our service for the first time, we are giving out an assured gift voucher from Amazon or Coles depending on where you are sending money from. The voucher value ranges from a cool US $ 25, A$ 35 and UK pound 20.

The details and terms of the offers by country are included below:

Sending country: US

US2

Offer:

  • 15 Paisa Extra Per USD

Send money from US to India and get guaranteed 15 paisa extra per USD (US dollar), adding more value to your transaction with us.

  • Benefits on First Transaction

Get a $25 Amazon voucher on the first transaction you make with Remit2India.

Get in touch with us at 1-888-736-4886 to know more.

Sending country: Australia

AUS-1

Offer:

  • Up to 50 Paisa Extra Per AUD

Want your loved ones to get maximum of what you send? Initiate a money transfer from Australia to India and get up to 50 paisa extra per AUD (Australian Dollar). Just log on to www.remit2india.com and add more to each dollar you send back home, multiplying the joy of sending and receiving money.

  • Enjoy Perks on your First Transaction

Become our valued customer and get a $35 Coles voucher on the first transaction you make with Remit2India.

  • Free Transaction

Increase the value of your money transfer. Enjoy zero transfer fees on your first transaction when you send money to India from Australia.

Get in touch with us at 1-800-859-876 to know more.

Sending country: UK

UK

Offer:

Something extra with your first transaction

If you are living in UK and you choose Remit2India for sending money to India, we will give you a GBP 20 Amazon voucher on your first transaction. This offer is valid until 30th April 2016.

Get in touch with us at 0-800-016-3404 to know more.

So make sure you make hay while the sun shines (here in India). The offers are for a limited period so get started now.

Remit2India: Special Festive Offers

This festive season, Remit2India will add plenty of cheer to your lives. Need to send money to India? Well, Remit2India is surely your way best bet. Send money with Remit2India this month and get amazing offers each and every time.

Here is our list of offers that are live currently:

Sending Country: United States of America (USA)
Sending Currency: USD
Offer 1: POWER 30

Remit2India Power 30 Offer

Festive Offer for United States to India

Send money to India from United States via Remit2India and get delightful offers on your first three transactions with Remit2India. On each occasion, get assured dollar thirty added to your transaction.

Offer 2: Special Login Offer

Sending Country: United Kingdom (UK)
Sending Currency: GBP
Offer: 50 % extra in INR value

Remit2India - Special Offer for Indians in UK

Special Offer for Indians in UK

Send money with Remit2India nad get upto INR 100,000 added to your transaction. Everytime you send money in GBP you get 50% of the sending amount (in INR) added to the transaction. For instance, send GBP 5,000 and get INR 2,500 additional added to the final transaction amount.

Sending Countries: Europe (Eur)
Sending Currencies: EURO
Offer: 50 % extra in INR value

Sending Country: Australia (AUS)
Sending Currency: Australian Dollar
Offer: FLAT 40 paisa extra per AUD

Remit2India - Special Festive Offer for Indians in Australia

Festive Season Offer

Send any amount from Australia to India and get assured 40 paisa per AUD added to your transaction.

There is something in it for everybody.

For more information you can visit our website – http://www.remit2india.com. Alternatively, you can email us at info@remit2india.com

NRIs can now enjoy tax benefits for salary credited to their NRE/NRO accounts

NRI-Taxes

Often NRIs working abroad face taxation worries for their overseas salary income credited into their NRE/NRO accounts. This is because a non-resident can be subjected to tax in India on that portion of the income which is received in India.

However, The Income Tax Appellate Tribunal (ITAT) which adjudicates tax matters, in a recent decision, has held that merely because the salary was credited by an international company to the employee’s NRE bank account in India, it will not trigger a tax incidence in India. The ITAT sought to distinguish between ‘income’ received in India and an ‘amount’ received in India.

Check out the Refreshed Remit2India!

Check out the Refreshed Remit2India Today!  Visit www.remit2india.com

Have a look at some of the new and improved features you can look forward to:

  • Seamless Experience across all browsers and devices
  • Slide bar to calculate exchange rates
  • Get started faster and with more ease
  • Quick Pay – Send money faster to same beneficiaries without re-entering details
  • Add bank account, beneficiary details, schedule payments all just one click away

Rupee at lifetime low against the $

Indian-Rupee

 

 

 

 

 

 

 

 

 

The falling rupee has given FII inflows in India the shiver; however Indians abroad (NRIs) are making the most of it.
Rupee on Monday slipped to a lifetime low of 57.33 vs dollar. Dropping to a record low in early trade, this comes after disappointing data from India and other Asian giants like China and slightly better-than-expected US jobs data.

Speculations now rise for a possible intervention by RBI

Pravasi Bharatiya Divas (PBD) Convention- Kochi 7th January 2013

The eleventh edition of the Pravasi Bharatiya Divas (PBD) Convention, the flagship event of The Ministry of Overseas Indian Affairs, will be held in Kochi, Kerala, on 7-9 January, 2013. The Government of Kerala will be the State partner of this event.

The day commemorates the return of Mahatma Gandhi from South Africa.The Pravasi Bharatiya Divas is celebrated every year to cherish the contributions of the Overseas Indian Community to the development of India.

The PBD Convention provides a unique platform for overseas Indians to interact among themselves and with the Government of India and the Governments of various Indian States. It is a forum where the Government of India showcases investment opportunities in India and its potential in various sectors.

In the forthcoming PBD, numerous enthusiastic participation is expected from heterogeneous and diverse overseas Indian community spread across the globe. The effort is to have a meaningful and interactive event that would address the issues and concerns of the overseas Indian community effectively.

The great Indian Diaspora embodies the indomitable spirit of enterprise, harmony and patriotism for the land of their origin. The enthusiastic participation in the Pravasi Bharatiya Divas over the years since 2003, and the eagerness to connect with the homeland, express the emotional bonds that all Non Resident Indians so fondly share with their motherland. The commercial capital of Kerala awaits to enchant everyone with its natural beauty of backwaters, and mesmerizing monuments of God’s Own Country.

40% rise in Remittances expected in the state of Kerala

With India expected to hold on to it No. 1 remittance receiving country tag with expected $70 billion in remittance flows according to a recent World Bank report. The southern state of Kerala is expected to rise by 40% to Rs 60,000 crore in 2012, as against Rs 50,000 crore in 2011.

“This shows that slowdown and other crises are no limits when it comes to sending money back home,” S Irudaya Rajan, chair professor, research unit on international migration, Ministry of Overseas Indian Affairs said.

Recent policy measures by the Reserve Bank of India have also given a fillip to the remittance business. After the interest rates on NSE and NRO accounts were deregulated last year, banks looked to shore up low cost deposits through this route, by increasing rates which were controlled. NRE saving deposits mirror domestic saving rates at 4% while interest on NRE term deposits range from 8.5% to 9%.

Remit2India introduces Fortune Offer

The Remit2India Fortune offer introduced this month allows users to avail extra paisa on completed transactions. This offer is valid on  remittances in the following currencies USD / GBP/ AUD and EUR.

The offer slabs are:-

Currency

Transaction Amount

Extra Paise*

USD

50 – 5000

5

GBP

> = 50

15

AUD

> = 50

15

EUR

> = 50

15

This offer is not valid for transaction amount above USD 5000, however there is no upper limit for other currencies. The extra paisa benefit is payable to the beneficiary in INR only

Make the  most of this, offer ends on 4th October 2012

For more information visit bit.ly/fortunepromo

Remit2India wishes the Indian Olympics 2012 contingent the very best

Chak De India!

As the world wakes up to embrace the biggest sporting affair ‘The 30th edition of the Olympics games’ in London, over a billion population back home would be waiting anxiously to see its heroes win some medals.
Unlike China, India is a sleeping giant when it comes to the Olympics but this time they, too, have arrived with hope in their hearts and fire in the belly.
India has send an 83-member athlete team to London; this is India’s largest contingent ever at the games. The athletes will participate in 13 sporting categories which include:-

  • Archery
  • Athletics
  • Badminton
  • Boxing
  • Field hockey
  • Judo
  • Rowing
  • Shooting
  • Swimming
  • Table tennis
  • Tennis
  • Weightlifting
  • Wrestling

As the world focuses on the big names, keep an eye on the Indians too, with a prayer on your lips. They too, will be trying to raise the bar.

31.2% of Kerala GDP is contributed by NRK (Non-resident Keralites) in 2011

Hardly a surprise for the people living in Kerala, the state witnessed remittance from Keralites working abroad (NRK) to account for a significant portion of its GDP. In 2011, at Rs 49,965 crore, it touched an all-time high of 31.2 per cent of the state GDP, according to a recent report on Kerala Migration Survey, prepared by Centre For Development Studies (CDS), for Department of Non-resident Keralites Affairs (NORKA) and Ministry of Overseas Indian Affairs. In 2011, there were 34,30,889 NRKs, up from 33,50,538 in 2008.

Most macroeconomic indicators show that NRK remittances in 2011 played a significant part in the economy of the state. “NRK remittances were 1.6 times the revenue receipt (Rs 31,181 crore), 6.2 times the money that the state got from the Centre (`7,982 crore) as revenue transfers and 2.2 times the entire government expenditure (Rs 22,546 crore).

Malappuram topped in overall remittance with Rs 9,040 crore accounting for 18.2 per cent of the state’s total remittance. Close on heels were Ernakulam (12.3 per cent), Kannur (10.4 per cent) and Thiruvananthapuram (9.5 per cent).

%d bloggers like this: