Hi !! This is a quest to find a suitable workaround for Indian paypal accounts which will soon have major restrictions placed on them beginning 1st March. One of the threads I visited spoke of opening a US Bank account and a US paypal account to accept payments larger than USD 500 and then keep transferring the payments at regular intervals to your Indian Paypal account keeping the transaction value below 500 USD. The monies that you do not want to include under the taxmans scanner should continue to lie in this US paypal account or be transfered to the US bank account that you have opened. I have just begun google for something on these lines and will appreciate any and everyones comments and suggestions . Also the precautions that need to be taken while indulging in such an exercise will come in handy. Lets brainstorm and I am sure we BHW members can come up with something really quick. We have 30 days approximately to implement this workaround. I came across this website which is offering a US bank account for 40 USD. http://www.bank-usa-account.com/ Looking forward to a debate/comments/views on this thread. Cheers and keep smiling.