Are there Any Tax Benefits For Non-Resident Indians buying properties?

Are there Any Tax Benefits For Non-Resident Indians buying properties?

Yes, there are tax benefits for non-resident Indians (NRIs) who are interested in buying property in India.

NRIs are eligible for tax benefits under certain conditions on their income earned in India, including income from property rentals. NRIs are also eligible for tax exemptions on the sale of a property in India under certain circumstances.

However, it is important to note that tax laws can change over time and may vary depending on the specific circumstances of an individual's situation. It is always a good idea for NRIs to seek the advice of a financial advisor or tax professional before making any decisions about purchasing property in India.

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