Mine is a verified premier Indian account. I withdrew $1000 this month. I would like to know if there is any withdrawal limit
No withdrawal limit for verified Paypal Account. For Non verified account holders it is limited to $500/month.
You can find the withdraw limit for a unverified account in the send money page. It will let you know how much you can withdraw and send.
I do agree their is no limit in withdrawing money or limit in withdrawing in paypal through bank when your verified but I would like to asked if how can we pay tax through bank? ..
PayPal may place some percentage of your balance on hold, thus limiting how much you can withdraw, but I think that is only if you use PayPal Pro as a payment gateway, not the free version of PayPal (pay with PayPal button). They did it to me when I signed up my e-commerce site with them, but it should be just temporary. They say, it is to cover possible credit cards charge backs.
There is no limit for verified Premier account. You can enjoy the PayPal services with out worrying about limitations. Thanks