by Gaurav Matta | Feb 10, 2025 | NRI Services
For Non-Resident Indians (NRIs) or individuals of Indian origin, US citizens inheriting agricultural land in India must navigate a web of legal, regulatory, and tax-related complexities. The process is not only about preserving family heritage but also about complying...
by Gaurav Matta | Feb 5, 2025 | NRI Services
India’s real estate market continues to be a lucrative investment destination for Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and foreign nationals. However, NRI property ownership in India involves specific regulations under the Foreign Exchange...
by Gaurav Matta | Dec 23, 2024 | NRI Services
For many Non-Resident Indians (NRIs), selling a property in India that isn’t yet transferred to their name poses unique challenges. Whether it’s an under-construction property nearing possession or a property where you hold only a Builder-Buyer Agreement, navigating...
by Gaurav Matta | Dec 20, 2024 | NRI Services, Tax & Compliances
Introduced in the Union Budget 2023, the 20% Outward Remittance Tax TCS Rule for NRIs, officially known as Tax Collected at Source (TCS), has sparked discussions about its implications for Indian residents and Non-Resident Indians (NRIs). While its aim is to...
by Gaurav Matta | Dec 17, 2024 | NRI Services, Tax & Compliances
For Non-Resident Indians (NRIs), selling property in India involves not just adhering to capital gains tax but also complying with TDS for NRI on sale of property requirements. These regulations ensure proper tax collection and prevent evasion, but they can also be...
by Gaurav Matta | Dec 13, 2024 | NRI Services, Tax & Compliances
For Non-Resident Indians (NRIs), selling property in India comes with tax obligations, but understanding the available deductions and exemptions can significantly reduce tax liabilities. This blog explores tax strategies for NRIs selling property in India, including...