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R
Radheya Gupta

What happens when an NRI sells property in India?

1 Answer
S
Sajni Dubey

When an NRI sells real estate in India, the selling proceeds are subject to capital gains tax based on acquisition cost, ownership length, and selling price. NRIs must obtain a Tax Residency Certificate (TRC) from their current residence country to avail of DTAA tax benefits. After paying taxes, NRIs may repatriate the proceeds of the property sale, as per RBI guidelines.

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