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NRI INHERITANCE
Friday OTT releases of the week: Karuppu to Bhooth Bangla, new movies and shows on Netflix, JioHotstar, Prime Video and ZEE5This weekend brings exciting new content to streaming platforms. Akshay Kumar reunites with Priyadarshan for a horror-comedy. Crime thrille...
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
Do I need to convert my leasehold DDA flat to freehold to sell it?ET Wealth Reader's Query: I have a DDA flat since 2008, which is leasehold. I now want to sell it. Is it mandatory to convert it to freehol...
Is tax-exempt income in India also exempt in the US for NRI?ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accoun...
You are a US citizen and inherited property in India; here's what you have to do next
I am an OCI cardholder, will I need to pay tax on inherited assets in India?I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...
I am an NRI based in Canada. How can my parents in India transfer property and financial assets to me?I am an NRI based in Canada and expect to inherit property and financial assets from my parents in India. What should I do to avoid tax com...
I am an NRI and I have inherited property in India. Can I sell it from abroad and what will be the tax implications?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
NRI Investing Guide: Are you legally allowed to buy agricultural land in India?NRIs in India face restrictions under FEMA when purchasing agricultural land, but can inherit it from relatives to reconnect with their roo...
Estate planning for NRIs: How to avoid a clash of cross-border legal systemsManaging assets and properties across borders is crucial for Non-Resident Indians (NRIs), who face the challenge of navigating complex inhe...
Buying or selling property in India? Know all about the tax implicationsNRIs selling house properties in India have to pay tax on the Capital Gains. The tax payable on the gains depends on whether it’s a short t...
All you need to know about transfer of property to NRI childrenFor starters, any transfer of property to non-resident Indians (NRIs) and persons of Indian origin (PIOs) must comply with the Foreign Exch...
How NRIs can inherit immovable properties in India: Rules and methodsIt is important to realise that wealth plans and bequeaths having overseas application are highly complex and regulated. They are governed ...
Realty queries: What should NRIs keep in mind while investing in Indian real estate?Every week, an expert selected by ET answers queries from our readers on real estate.
An NRI's guide to investing in property in IndiaRBI's regulations are fairly easy and no prior permission is required from the authorities. The rules for property transaction fall under F...
How NRIs can deal with tax and repatriation issues on sale of inherited propertyIf you sell the property after 3 years from the date of purchase, you will be liable for long term capital gains tax of 20%.
- Q&A: Taxes
IT law does not prohibit from paying rent to parents; if one is actually actually paying rent to parents then he/she is eligible to claim H...
NRIs guide to deal with inherited propertyBuying a property in India is a decision that most NRIs can take after weighing the pros and cons of various tax implications.
Benefits NRI gets by buying property in IndiaIt is advisable to either purchase jointly with a family member resident in India, or to give a power of attorney to some family member who...