What are the tax implications for an NRI selling property in India?

Sale & Purchase of real estate in India is a preferred investment source for many NRIs across the world. Do you know which properties are NRIs allowed to buy? What are the taxes liable on the sale of property in India? How can one save the taxes on capital gains? Know all this & a lot more in our latest video!
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We at SBNRI aim to bring about a revolution in the world of finance by ‘Simplifying Banking for NRIs’. Our team is focused to provide NRIs with a convenient banking platform which is easy to use and accessible to all from the comforts of their homes at one tap of their smartphones.

VIDEO HIGHLIGHTS

0:43 Which Properties can an NRI buy in India?
1:05 Taxation on Inheritance of Property
1:31 Taxation in case an NRI holds Multiple Properties
2:02 TDS on Purchase of Property
2:47 TDS on NRIs Selling Property in India
4:26 How to Save Taxes on Capital Gains?

[aswathiremesh]

Please continue to give us more information as the way you explain things are so easy to understand.

[redline]

If the nri is selling agricultural land. Did tds is needed pls answer

[arjunalpha]

is capital gains and tds are same?

Or seller pays capital gains and buyer pays tds? the whole concept was little confusing, can you please explain?

[hellotoletdotcom]

Hi Nri person selling property in India so what time period for TDS APPLY AND PAYING after selling the property how many days will pay Tds % above 5yr property...plsss reply

[frankbhasker]

Where can I find information regarding rules and guidelines for a former Indian citizen to sell his property in India.

[izzy]

Hi, NRI here, Will be selling a property for 70 crore, Property was bought before 2000 - What is my tax implication here and how much TDS will be payable at sale?
is it possible to send the capital gains abroad in one go?

[bharat]

Hi.. I am NRI and I have purchased a villa an year back of value 1.10cr with a down payment of 25lac and a bank loan of 85 lacs. Please note the property registration is still pending. I have decided to sell it now for value of 1.50cr to other buyer in india. May I know the taxes and TDS involved.
May I reduce these costs if I directly get the registration done on the new buyer. Please advise

[mohammadraza]

what is tax calculation for a resident who bought property through loan in 2010(Indian) and in 2020 he became nri and want to sale that property?

[jebajose]

NRI bought property in India source of Nri. While sale I got profit. Tax is for profit or capital.

[chintanvyas]

I am purchasing flat from NRI for property located in Ahmedabad, Gujarat.. At the time of sale deed registration.. my owner is asking upfront DD on the day of sale deed registration whereas my Bank (from which I am taking loan) is saying that bank will provide copy of DD issued in the name of Owner on the day of sale deed registration and original DD will be given on the day of receipt of registered copy of sale deed as it takes 24 hours to receive from sub-register office in Gujarat... Pl let me know who is right in this case ?