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Laws On Indian-Canadian Accounts

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#1 ardwibedi



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Posted 22 February 2015 - 05:44 PM

I possess a Canadian PayPal account which is credited monthly with $450 in transactions of $15 daily. However, I am a residential Indian and, according to recent laws, it is necessary for all Indians to credit all incomes within 7 days to their bank accounts. As a holder of a Canadian PayPal account, do I fall under the scope of this law. I do not have my Indian bank account linked to my PayPal account.

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