*******can any guidance be given on remittances by a son to his parents in India on…

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Yes, regular remittances by a son to his parents in India are permitted and are a commonly used practice for family maintenance. The key guidance points are:

Permitted Channels and Purpose

• Remittances must be sent through formal banking channels (such as wire transfers, SWIFT, or money transfer services) and not via cash or informal means.policybazaar+1​
• The most suitable and legal purpose is “family maintenance” or “gift to relatives,” which is explicitly permitted by Indian regulations.icicibank+1​

Legal and Tax Considerations

• Money sent by a son to his parents is not taxable as income in India, either for the sender or the recipients, since gifts from a close relative (son to parents) are fully exempt under Indian income tax law.wise+2​
• There is no statutory upper limit for such remittances, but for certain remittance schemes, operational or documentation limits might apply. For example, under the Money Transfer Service Scheme, only up to 30 remittances per calendar year can be received by an individual with a maximum of $2,500 per transaction. Other banking modes (NEFT, SWIFT, direct transfer) do not have such restrictions.icicibank​

Documentation and Compliance

• Proper documentation is a must: use of KYC-compliant accounts, and occasionally bank may ask for source-of-funds information for large or unusual amounts.arthgyaan+1​
• If amounts received in a year exceed ₹10 lakhs, the bank or income tax department may require the recipient (parent) to explain the source of funds and may seek relevant declarations for compliance with anti-money laundering rules.reddit​
• Gifts should ideally be declared by parents in their tax returns (as “exempt income”) and appropriately documented for transparency.reddit​

Practical Steps and Recommendations

• Use only well-established banks or transfer operators for remittances.
• Clearly mention the transfer purpose as “Maintenance of family” or “Gift from son” in the transaction remarks.
• Both sender and receiver should retain bank statements and a simple gift letter (mentioning relationship and amount) for their records, especially for larger remittances.arthgyaan+1​
• There are no Gift Tax implications in India for such transactions between close relatives.tataaia+1​

In summary, routine remittances by a son to his parents in India are legally permitted, tax-exempt, and straightforward if formal channels and proper documentation are maintained.policybazaar+3​