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Taxation Laws For NRIs Selling Property in India
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NRIs wishing to sell their properties in India need to be aware of the taxation on the same. Let us have a look at the tax implications on the sale of property in India concerning the NRIs: Short-Term Capital Gains Tax A property owned by an NRI for less than three years is considered as […]

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Stamp Duty Over A Property In India
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Overview Possession is not sufficient for physical transfer of property as one also needs legal ownership of the said property. For ownership you need registration. At the time of registration, a person has to pay a government tax called stamp duty levied on property transaction. Stamp duty is a tax collected by the government and […]

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Overview: India being a federal State, there is division of powers between centre and state. To fulfil their duties they collect resources by applying tax differently. So there is multiple tax system in our nation. But multiple tax system has created a lot of burden on consumers and made everything complicated. To make tax procedure […]

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