Comments on: You can now withdraw funds from Paypal to your Indian bank account

By: Raj

Raj — Fri, 25 Jan 2008 11:36:35 +0000

Sunny,
You may want to talk to an accountant to find out how you can show such payments in your IT filings.

By: Sunny

Sunny — Wed, 23 Jan 2008 12:09:27 +0000

Hi
Can anyone tell me, if i received the payment through Paypal then how will I show the Exports to RBI

By: Raj

Raj — Thu, 20 Dec 2007 12:42:48 +0000

Hello Prakash,
I visited Paypal and I see that before you start the signup process, you can actually select the country, India. However, since you have already signed up for Business account with Paypal, I recommend that you write an email to their support and ask them to change the country info for your account.

By: Prakash

Prakash — Thu, 20 Dec 2007 11:21:05 +0000

hi,
Basically i’m from India.I have created a bussiness account in paypal.com,while creating an account there is no option of INDIA in country field ,if i go to add a bank account there is no option of INDIA in country field and even if i go to withdraw funds from paypal account to my local bank in INDIA i’m not asked the option of INDIA in country field while filling the bank details.So please can u suggest me some alternative in this regard…

By: Binny V A

Binny V A — Thu, 01 Nov 2007 17:30:29 +0000

This is a big deal for me - make my life much easier. If you want to add your bank account to Paypal, make sure you get the branch’s IFSC number first.