Tax
Tax On Remittances To India
What TCS, DTAA and 5% really mean for you
Sending money to India has never been more competitive — but choosing the right provider still matters more than most people realise. The difference between the best and worst USD → INR rate today is over ₹2 per dollar, or roughly $20 on a $1,000 transfer.
Why this guide exists
We built SendMoney2India.com to be the most honest, independent and useful resource for the diaspora. We don't make money when you send a bad transfer — we make money when you find the right one. This guide walks you through how providers price transfers, what the fine print actually means, and which providers we recommend for different scenarios.
The three things that determine your final INR
- The exchange rate (the single biggest factor)
- The upfront fee
- Payout method (bank deposit, UPI, cash pickup)
Always compare the receive amount in INR, not the headline rate or the fee in isolation. It's the only number that matters.
Bottom line
Use the comparison engine on this site, pick the highest receive amount for your needs, and double-check the speed promise. If you're sending more than $7,000, talk to a large-transfer specialist like OFX or Xe.
