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Moving money from India to Canada

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S

SP88

Hero Member
Oct 17, 2011
231
5
Please advise.
Got immigration to Canada a few years ago and now want to move indian funds less than CAN $1,00,000 to Canada.
Indian money tax already paid as applicable.
1. Do I have to pay any tax.
2. Is there any RBI restrictions
Or will the bank just convert the Indian rupees to Canadian dollars ( draft or wire transfer).
3. What is the procedure?
Please advise.
 
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