Step-by-Step Guide on How to Sell Property in India from Abroad: Understanding NRI Property Sale Tax and TDS
Selling property in India as an NRI is entirely possible from abroad, but it involves more tax and compliance steps than a resident sale. Knowing how to sell property in India from abroad in the right order saves time and avoids costly mistakes. Step 1: Confirm your documents. Gather your sale deed, title chain, encumbrance certificate, latest property tax receipts and mutation record. A clean, complete document set reassures buyers and prevents last-minute delays. Step 2: Understand the tax implications. The NRI selling property in India tax implications centre on capital gains. If you have held the property for more than twenty four months, the gain is long term and currently taxed at 12.5 percent plus surcharge and cess. If held for less, the gain is short term and taxed at your applicable slab rate. Step 3: Plan for TDS. This is where NRI sales differ most. For NRI sellin...