Showing posts with label Tax liabilities for NRI or PIO(PersonOf Indain Origin). Show all posts
Showing posts with label Tax liabilities for NRI or PIO(PersonOf Indain Origin). Show all posts

Tuesday, 28 August 2012

What needs to be taken care before a NRI sells his/her property in India

The recent boom in the Indian real estate industry has prompted NRIs (Non Resident Indians) to sell their properties in India to take advantage of the hike in land prices. However, NRIs must take note of the special provisions of the Indian tax laws before selling their property in India in order to ensure a smooth transaction and avail maximum benefits. NRI invests in Indian real estate One Indian to another An NRI can...