Buying houses in India by becoming NRI? Save lakhs of taxes on selling mutual funds, understand the complete mathematics of Section 54F
When non-resident Indians (NRIs) living abroad decide to buy property in their homeland, they often raise capital by selling their past investments in India—especially equity mutual funds and shares. Equity funds in India are subject to 12.5% long-term capital gains (LTCG) tax and direct TDS deduction at the time of redemption. If a portfolio has … Read more