Introduction The 2025 Union Budget brought important updates to property taxation rules affecting Non-Resident Indians (NRIs). One key change is …
Introduction The 2025 Union Budget brought important updates to property taxation rules affecting Non-Resident Indians (NRIs). One key change is the new focus on the property acquisition date when calculating capital gains tax. These updates, introduced under the 2025 Budget NRI property sale reforms, aim to simplify tax compliance but require NRIs to understand how…
For Non-Resident Indians, repatriating the proceeds from the sale of property in India back to their country of residence involves navigating specific legal, tax, and banking procedures. A clear understanding of these requirements is essential to ensure the process to repatriate property sale income is smooth, compliant, and cost-effective. This comprehensive guide explains the key…
For Non-Resident Indians (NRIs), choosing the right bank account to manage finances in India is essential. With multiple options available, understanding the differences in FCNR vs NRE vs NRO Account types can be confusing. Each account serves a unique purpose depending on the currency you want to hold, the source of your funds, and your…
Selling property in India as a Non-Resident Indian (NRI) involves navigating a unique set of tax rules and regulatory requirements. Understanding the capital gains tax structure, Tax Deducted at Source (TDS) obligations, and remittance procedures is crucial to ensure compliance and optimize financial returns. This comprehensive guide breaks down the essential tax considerations NRIs must…
Effective Tax Strategies for NRIs Selling Property in India Selling property in India can be a complex process for Non-Resident Indians (NRIs), especially when it comes to understanding the tax implications. With multiple tax provisions, including Tax Deducted at Source (TDS) and capital gains tax, it’s crucial to know how to optimize your tax liabilities…
Are you an NRI planning to sell your property in India? Before you proceed, it’s essential to understand how TDS (Tax Deducted at Source) applies to your transaction. TDS isn’t just a small procedural step—it directly affects how much money you’ll receive and how smoothly the sale process will go. For NRIs, the Indian Income…
If you’re an NRI planning to send money abroad—whether for investing, gifting, or supporting your family—you’ve likely heard of the 20% TCS on outward remittance for NRIs. Introduced in the Union Budget 2023 and still in force in 2025, this tax rule has transformed how outward remittances are handled under the Liberalized Remittance Scheme (LRS).…
For Non-Resident Indians (NRIs) who earn income both in India and abroad, understanding how to avoid double taxation is crucial. The Double Taxation Avoidance Agreement (DTAA) for NRIs ensures that they are not taxed twice on the same income—once in India (source country) and again in their country of residence. By leveraging the benefits of…
Selling property in India as a Non-Resident Indian (NRI) before the title transfer can be tricky, but with the right knowledge and preparation, the process can be smooth. Whether it’s an under-construction property nearing possession or one where you hold only a Builder-Buyer Agreement, understanding the legal steps, tax implications, and compliance requirements is crucial.…
For Non-Resident Indians (NRIs), understanding TDS on property sales and income is crucial as it impacts various financial transactions, from property sales to interest earned and investments. While TDS on property sales is widely discussed, many NRIs are unaware that TDS also applies to other forms of income like dividends, royalties, and fees for technical…
Introduction The 2025 Union Budget brought important updates to property taxation rules affecting Non-Resident Indians (NRIs). One key change is …
For Non-Resident Indians, repatriating the proceeds from the sale of property in India back to their country of residence involves …
For Non-Resident Indians (NRIs), choosing the right bank account to manage finances in India is essential. With multiple options available, …
Selling property in India as a Non-Resident Indian (NRI) involves navigating a unique set of tax rules and regulatory requirements. …
Effective Tax Strategies for NRIs Selling Property in India Selling property in India can be a complex process for Non-Resident …
Are you an NRI planning to sell your property in India? Before you proceed, it’s essential to understand how TDS …