Property Matters

Selling real estate in India as a Non-Resident Indian (NRI) involves specific tax rules, upfront deductions, and exemption options. **Key Rules & Holding Periods** * **Long-Term Capital Gain (LTCG):** Applies to properties held for **more than 24 months**. Post-Budget 2024, LTCG is taxed at a flat rate of **12.5% without indexation** (plus applicable surcharge and 4% cess). * **Short-Term Capital Gain (STCG):** Applies to properties held for **24 months or less**

<p>Don&#8217;t let taxes hold you back! This guide simplifies the process for NRIs selling property in India.<br /> ✅ Understand capital gains tax &#038; minimize deductions with 3 smart strategies.<br /> Maximize your profit &#038; navigate the sale smoothly!</p>

<p>Selling your property in India as an NRI (Non-Resident Indian) can be a breeze if you follow a few simple steps. Here are 5 handy checklists to keep your property sale smooth sailing!</p>

<p>After death, assets go to next of kin unless a will exists, then beneficiaries must validate it through Probate. Testator creates the will, naming beneficiaries and an executor. Probate involves document collection, court application, hearings, notifications, advertising, court appearances, stamp duty payment, grant acquisition, document retrieval, and process closure.</p>

<p>In this article, we will guide you through the process of mutating property in India from a deceased parent to child/children, addressing the legal and procedural aspects involved in this sensitive situation.</p>