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Tejasvi Chowdhury

What are the effects of an NRI selling property in India and taking back the money to the US?

1 Answer
L
Laxmi Kapadia

NRIs who sell a property in India and send the proceeds back to the US may be required to pay Indian capital gains tax and US taxes on the repatriated money. To fully understand the tax implications and make informed plans, NRIs should seek advice from tax experts in both India and the US.

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