To send money from Canada to India to an HDFC Bank account, you can opt for their Telegraphic/Wire Transfer service. Simply fill out the remittance form with HDFC Bank’s Nostro Account number and SWIFT Code. This secure and user-friendly process facilitates seamless fund transfers.

In Canada, sending money internationally typically doesn't incur tax liabilities. However, any income generated from the transferred funds, like interest or capital gains, might require reporting on the sender's Canadian tax return. Additionally, if the transferred money is considered a gift, it may be taxed in India depending on the recipient and the purpose. Gifts from relatives are tax-exempt, while gifts exceeding ₹50,000 from non-relatives are taxable.

To transfer money from Canada to India via your local bank you will need the following:

• HDFC Bank’s Nostro Account number and SWIFT Code for international transfers.
• Recipient’s name, HDFC Bank account number, and their bank's name and address.
• Specific disposal instructions, such as setting up a new NRE Savings Account or arranging for an FCNR Deposit.

Sending money to India from Canada through an HDFC Bank account involves a fixed foreign currency conversion fee. Additionally, there's a service tax ranging from 1% to 0.1% of the transferred amount. For cheques and demand drafts, charges vary from ₹200 to ₹500, plus courier fees. Wire transfers may attract distinct charges depending on the service chosen. Please check with your local bank for their specific charges, as HDFC Bank does not levy charges on inbound remittances.