Form 15CA is an undertaking by the NRI to remit Funds and this form is submitted online and acknowledgment should be signed and submitted along with form 15CB in bank. Form 15CB is a CA certificate
If this sounds like you, then we recommend that you make a point of checking our comparison engine before every transfer. That way, you'll ensure that you both discover the cheapest service in real-time and make considerable savings on your transfers to India:
If your brother residing in UAE sends money to you in India, the money is not taxable in India. As per the Indian Income Tax Act, money received as a gift from a relative is not considered as income and therefore is not taxable. A relative is defined as spouse, brother, sister, brother or sister of the spouse, brother or sister of either of the parents, any lineal ascendant or descendant. However, it's worth noting that your brother might be subject to taxes in the UAE for sending money out of the country. It's recommended to check with a tax professional in the UAE to understand the tax implications for your brother.