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Is Savings Account Valid For Receiving Money from International Sales?


15-May-2026 (In Corporate Law)
Can i in individual capacity receive money from international online software( fully created by myself alone) sales as payouts to my savings account?
Answers (1)

Answer #1
595 votes
yes it is possible. but after that if this method you will continue then you need a current account. after creating a trade licence, professional tax, gst certificate ( need also LUT) then you can transfer money. If you want any help for legal purposes please call me once.
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