NRIs Selling Property In India, How to get better rates by CA Arun Kumar Tiwari
HTML-код
- Опубликовано: 30 июл 2024
- #nri #nrimoneyclinic #financialplanning
You can reach to us by sending a message on WhatsApp
WhatsApp Number: 00971 551124596
Or click on the link below
wa.link/2jh25k
Services offered by NRI Money Clinic
* Life & Critical Illness Insurance.
* Child education
* Emergency Funds
* Retirement Plan
* Health Insurance
* Wealth Building
* Tax planning ( investments to minimise tax impact)
* Dollar investment ( Only for NRIs in Middle East and Africa )
* Mutual Funds ( NRIs other than in US & Canada)
* PMS ( Portfolio Management Service)
* Fractional Real Estate
* Cash flow planning (Pension, Guaranteed Return plan , Fractional real estate)
* Tax filing and chartered accountant services. (Outsourced services)
* Wills and inheritance planning. (Outsourced services)
* Property record legal verification (Outsourced service)
* Real Estate in Dubai (Outsourced service)
* Real Estate in Mumbai and Goa (Outsourced service)
In case you are interested in using our services you can send a message on Watsapp:00971 551124596 or click on the link below
wa.link/2jh25k
To know more about our business and our business model please watch the below video
lnkd.in/g7cj2rgJ
Our Website: www.nrimoneyclinic.com
LinkedIn: / nrimoneyclinic
Facebook: / nrimoneyclinicofficial
Instagram: nrimoneyclinico...
Whatsapp: 00971 551124596
Or click on the link below
wa.link/2jh25k
Many thanks for sharing such an incredible session with both of you.
Thanks for your kind reply.
Excellent contribution 🙏🏼
Thank You for giving very pertinent information
Thank you so much for sharing 🙏🏽
Very Informative information. 👍
Sir, thanks for sharing all the useful info. To avoid all these hassles of selling property as NRI, and to make it simple, whether children can gift the property in India to parents. Or giving POA to parents is a better option. Request your views. Thanks.
Excellent video
Very detail information Thank you so much for taking this content video on your list
😇
Thanks for sharing the useful info. Is TDS payment same as GST or is that in addition? Also what is the government guideline value? Someone told me that a property cannot be sold for under the government guideline value. Is this true?
What woudl be tax exemption limit on a joint NRO account? Is it still 2.5 lakhs?
For example if i have a joint nro account for me and my wife (both are NRIs) is the tax exemption limit 2.5 lakhs or 5 lakhs for this particular account?
Can AO refuse to issue lower tds certificate if disputed demand of earlier yr is pending and assessee has gone in to Appeal
There is a property bought in India and during that time there was a very small house . When we went to pay the house tax it came to understand that the house built in the land is not registered to pay house tax however the land tax was able to be paid.
Appreciate if you can guide will there be any such instance and what are the steps to rectify or ensure our property is compliant to the laws and regulation with IT
This time few years back i went to pay house tax as usual and they said that house don't have any tax to pay. That is a 400 year old ara and 7 rooms in the house.?
I am nri and i bought the property in2012 . The indian currency depreciated almost 30%. Is there any way we can cliam from the TDS
Dr Bhat i have a CA for many years and I am a NRI ... How can i shift my CA
Very nice video
I am a US citizen with an OCI card. I have settled back in India since 2019 and did not visit any other countries there after. Whether I will be treated as an NRI or a resident while selling my ancestoral property in India ?
Thanks a lot for giving such detailed information...,🙏
Can an NRI with OCI gets some extra benefits or relief from taxes....
OCI are treated on par with NR so won't get any special relief
What is the typical cost of CA fees. What is the basis of the fee? Does it typically a percentage of the revenue or tax filed?
Can you make a video for NRI’s share market exposure before he went offshore
How to deal with actual vs paper value of the property? This is the biggest headache of any Real Estate in India and tax implications due to huge difference in them.
I wish to invest in india on a residential property, being an OCI holder of Australia. Need your suggestions on the transfer of payments to the builder? Is it good to transfer funds from my NRE account in India or direct bank transfer from Australian bank. Looking into future repatriation of funds after sale.
Bad idea investing in property in India as a NRI
Nice info and thanks. I have 2 queries. 1. is there any timeline period to re-invest after selling the property by NRI in India. 2. can we invest back again on land? if yes, then is construction mandatory on that land?
@NRI Money Clinic, Hello sir, I have question about the recent news about 20% taxes that government is introducing, I have sent money to India multiple times to the tune of 100K dollars, now if I want to transfer it back to US, do I have to pay 20% tax? Also I sold my house and invested in REC bond for 5 years, kind of paid capital gain right, do I have to pay again 20% to send the money to US?
It is not tax . It is tax collected at source
Can you please make a video on that?
I would like to talk to Mr Arun regarding tfs on property of dale
What if NRI bought the house with the money he earned in India and then he shifted abroad and become NRI later on?
Can sell. Repatriate $250,000 a year under liberalised remittance scheme
In India there is Capital Gains tax on sale of property also in United Kingdom there is inheritance tax. Can you give some advice for UK individual inheriting property from UK parent who inserted property for their parents in India.
For inserted read inherited from
You better seek advise on this from a UK attorney, as per Indian law any parent can gift inherited property and there is no Gift tax in India
@AKT Associates Many thanks, I will try to find relevant professional to plan for future also rules for Inheritance tax are going to change, most tax, pension rules are changed every few years.
If buyer doesn't deposit 23% TDS with IT dept., will the NRI seller be responsible for this in anyway.
Yes Indirectly, hence its seller's responsibility to ensure that buyer deposit and file TDS return properly
This is exactly what I’m doing now!! Million thanks to you sir 16:🙏🏻 one more thing, can you please confirm if we can reduce our tax burden by purchasing crypto and use it for outward remittance ??
No
This is the worst thing you can do that as buying and selling cryptos are highly regulated and you can get into a Legal and tax mash
What is the rate of stamp duty for a resident and a NRI ?
This differs state to state, which can range 3%-7%
Thanks
Thank you for the video. How may I contact you directly?
Send message on the number that is shown on the screen
Are OCI holders NRI?
APLEASURABLE EXPERIENCE IS A NIGHTMARE IF YOU WANT TO SELL A PROPERTY LEGALLY AS MOST BUYERS WANT TO PAY BLACK MONEY AS PART OF THE DEAL AND HUNDREDS OF PHOTOCOPIES AND LENGTHY PROCESS OF REGISTETING PROPERTY AFTER SELLING IT AND PAYING THE CORRECT TAXES😢
I think it’s bad advice to pay stamp duty by NRI seller, why should NRI contribute towards any Stamp Duty, it is 100 percent paid by Resident buyer. If any discount is to be considered seller can negotiate in the overall price of the property.
You have that right always
no chartered accountant can guide you in India as tax authorities can send Notice after 10 years asking you for details of sale and amount credited to your bank and what you have done with the money even after one pay Capital gain tax. Your file is never closed for 10 Years. Pl keep all documents safely including bank stateents and Investments made .
Selling generates Black Money - most NRI does not have experience with it
Mr Bhat, how can I get in touch with you. Unfortunately, your phone number does not show up on what's app. Thanks🙏
Save the number on your phone and then try
@@NRIMoneyClinic I tried but cannot get you on to what’s app. Can I contact you by email?
The number provided in your videos is not showing up on WhatsApp. It looks like you have a typo in your number.
There is a total of 11 digits in your phone number it should be 10.
Can it be possible to speak Mr Arun if need his phone number please