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Repatriation of Funds from Indian Property Sales for NRIs
NRIs can repatriate money from Indian property sales through an NRO→overseas transfer after taxes. Two routes apply: From 23 Jul 2024, LTCG on property is generally 12.5% without indexation under Section 112; the government later offered relief for eligible resident individuals/HUFs to opt 20% with indexation for certain cases. NRIs typically fall under the 12.5%…
