I inherited property in India. What documents do I need to sell it and repatriate the money in UK?ET Wealth Reader's Query: I have been living in the UK with my family for the past 50 years and all of us have OCI cards. Which documents d...
05 Feb, 2026, 11.30 AM IST
Rs 80 lakh gift from brother-in-law lands man in tax trouble; here’s how he won the caseA UAE resident received Rs 80 lakh as a gift from his brother-in-law. The tax department issued a Rs 69 lakh tax demand. However, the Incom...
14 Nov, 2025, 05.15 PM IST
I am an NRI. How can I take money out of India after selling inherited property and shares with minimum taxes?I am an NRI with inherited property and shares in India. What are the best ways to repatriate funds without triggering high taxes or violat...
02 Sep, 2025, 03.19 PM IST
Gurgaon: New York-based man's plot sold for Rs 10 cr through a fake brother & gift deedA case for fraud was registered in Gurgaon after Manish Kumar and his associates from Punjab were accused of cheating Gaurav Narula, an New...
30 Aug, 2025, 04.47 PM IST
How to ensure that my flat is transferred to my wife and daughter after my death?I own a flat in Mumbai. I want to ensure that in my absence it passes smoothly to my wife and daughter. I am planning to write a will for t...
08 Aug, 2025, 02.05 PM IST
Income tax on gifted property: NRI step-brother to pay zero income tax on Rs 7.5 crore propertyThe ITAT Mumbai ruled that a gift from a stepsister to her stepbrother is exempt from income tax, overturning the tax department's addition...
15 May, 2025, 06.26 AM IST
When is a cash gift from NRI relatives taxable for resident Indians?The Income Tax Act of 1961 (IT Act) determines whether gifts received by Non-Resident Indians (NRIs) are taxable and is administered by the...
20 Aug, 2024, 11.13 AM IST
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...
28 May, 2024, 04.26 PM IST
Tax implications of gifting bank account, demat account and PPF to 18-year-old sonReaders taxation-related queries answered by experts.
05 Jul, 2023, 01.31 PM IST
I have a monthly recurring deposit of Rs 20,000. Will I have to pay income tax annually?There is an option available to offer interest income for tax on accrual basis or receipt basis, at the discretion of the assessee. In case...
26 Jul, 2021, 05.24 PM IST
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 ...
10 Jun, 2021, 04.56 PM IST
Tax Queries: Long-term capital loss can only be set off against LTCGDilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
01 Jan, 2019, 12.47 PM IST
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.
16 Mar, 2018, 11.28 AM IST
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...
01 Feb, 2014, 02.46 PM IST
How NRIs can transfer title of inherited propertyDealing in Indian real estate matters, especially if you have lived outside the country for a long time can be a nightmare.
24 Sep, 2012, 10.16 PM IST
- Do you need to pay tax on receiving a gift?
If value of the gifts received by you during a year is above Rs 50K, you will have to pay tax on it. However, there are few exceptions to t...
21 Nov, 2011, 08.59 AM IST
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.
21 Sep, 2011, 06.47 PM IST