by Gaurav Matta | Aug 12, 2024 | NRI Services
As an NRI (non-resident Indian) selling property in India is nothing short of a nightmare. There are several factors (such as below) considering which a lot of NRIs take a step back. Multiple unproductive trips to India Process understanding Evolving tax structures...
by Gaurav Matta | Aug 8, 2024 | NRI Investments in India, NRI Services
Navigating the financial landscape as a Non-Resident Indian (NRI) can be challenging, especially when it comes to repatriating house sale proceeds from India. Understanding the intricacies of NRO/NRE banking and the implications of Tax Collected at Source (TCS) is...
by Gaurav Matta | Aug 5, 2024 | NRI Services
When NRIs sell real estate in India, the temptation to declare themselves as Resident Indians for a simpler 1% TDS deduction can be strong. However, this approach carries significant risks, potentially leading to legal complications and financial penalties. Compliance...
by Gaurav Matta | Jul 24, 2024 | NRI Services
Selling properties in India is becoming an increasing trend among Non-Resident Indians (NRIs). However, many NRIs may not be fully aware of how the Indian tax system works for them, particularly in ways that could safeguard and maximize the profits from their sales...
by Gaurav Matta | Jul 18, 2024 | NRI Investments in India, NRI Services
Settling abroad brings its own set of challenges, especially if you are trying to do it as a family. Deciding whether to maintain investments back in India is one such challenge many NRIs face. Over time, many opt to disinvest, seeking to repatriate funds for...
by Gaurav Matta | Jul 16, 2024 | NRI Services
Selling property in India as an NRI can turn what starts as an exciting investment dream into a challenging and stressful experience. Navigating the complexities of taxation and dealing with logistical issues in India can make the process difficult, potentially...