An NRI’s Empowering Journey to Selling Inherited Land with NRiSimplify
When Mr. Singh* reached out to us at NRiSimplify, he was grappling with a sense of uncertainty that many NRIs know all too well. His father had owned a large parcel of land in a small town in Punjab, but the family had immigrated to Canada nearly three decades ago and had little connection to…
Read MoreThe Buyer’s Role in Your NRI Property Sale: Understanding TAN and TDS Deduction Responsibilities Introduction
If you’re an NRI selling property in India, you might be surprised to learn that the buyer, not you, plays a major role in ensuring the tax deduction at source (TDS) is done correctly. Many deals get delayed or stuck because buyers are unaware of their legal obligations—especially around TAN (Tax Deduction Account Number) and…
Read MoreBeyond the Basics: A Comprehensive Guide to Form 13 for NRI Property Sellers
For an NRI selling property in India, one of the biggest financial shocks is the high TDS (Tax Deducted at Source) deduction — now at 12.5% + surcharge + cess — on the total sale value, not just the capital gains. This often results in large sums being locked up with the Income Tax Department…
Read MoreEasy Guide to Filing ITR in India (AY 2025-26)
Introduction Filing income tax returns in India can feel overwhelming, especially if you’re an NRI (Non-Resident Indian) living abroad. But don’t worry. Whether you sold a property, earned rent, or had any income in India in the past year, this guide will make it simple to understand what you need to do for Assessment Year…
Read MoreHow the 2025 Budget Changes Impact Property Tax for NRIs?
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…
Read MoreComplete Guide for NRIs on Repatriating Property Sale Proceeds from India
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…
Read MoreFCNR, NRE & NRO Accounts: A Complete NRI Guide
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…
Read MoreComplete Tax Guide for NRIs Selling Property in India: Capital Gains, TDS, and Remittance Explained
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…
Read MoreTax Strategies for NRIs Selling Property in India | Save TDS & Capital Gains
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…
Read MoreTDS Rules for NRIs Selling Property in India: Complete Guide
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…
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