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...
by Gaurav Matta | Jun 11, 2024 | NRI Services, Remittance
For NRIs selling property in India, navigating the complexities of banking regulations and tax compliance can be daunting. One of the key elements to understand is the role of NRO/NRE accounts and the implications of Tax Collected at Source (TCS) on repatriation....
