Finance, Forex and Investments

are there any taxes on declaring currency above usd 10k , say usd 20k, while travelling from india to usa?

if yes then how much is the tax ?

Public Comments

1. If you are carrying cash be careful, they will want to know why you are carrying so much cash.
2. There will not be any tax on it. But you should show the proof for the amount. Go through the web link given below. It may help you. http://www.cbec.gov.in/cae1-english.htm