by Gaurav Matta | Oct 22, 2024 | NRI Services, Tax & Compliances
Investing in real estate in India has long been an attractive option for Non-Resident Indians (NRIs). However, selling property in India involves significant tax implications. This blog provides an updated guide on capital gains tax for NRIs selling property in India...
by Gaurav Matta | Oct 17, 2024 | NRI Services, Remittance
Choosing the right NRI bank account is essential for managing your finances in India. Three popular options for NRIs are FCNR, NRE, and NRO accounts, each offering unique features tailored to different financial needs. 1. FCNR (Foreign Currency Non-Resident)...
by Gaurav Matta | Oct 15, 2024 | NRI Services, Remittance
For NRI’s, outward remittance from India proceeds from sale of property that requires compliance with legal and tax regulations. Understanding the rules for NRIs remitting property sale proceeds from India is crucial to ensure a smooth and compliant process. ...
by Gaurav Matta | Oct 11, 2024 | NRI Services, Uncategorized
For Non-Resident Indians (NRIs), selling immovable property in India involves navigating several legal, regulatory, and taxation frameworks. As global citizens, NRIs often seek to sell their inherited or self-acquired property in India, whether for personal financial...
by Gaurav Matta | Oct 8, 2024 | NRI Services
For Non-Resident Indians (NRIs) and US citizens of Indian origin, inheriting property in India involves navigating a complex legal framework. Inheritance laws for NRIs in India can vary depending on religious affiliations, and understanding these is crucial for a...