Tax Implications for NRIs Selling Property in India
A visual representation showing two timelines for property holding periods: one for less than 2 years (short-term) and one for more than 2 years (long-term). The short-term column shows “30% tax” and the long-term column shows “20% tax with indexation benefits.” Use an illustration of real estate, tax forms, and money calculations. Understanding Capital Gains Tax: 1. Short-Term Capital Gains (STCG): Definition: If the property is held for less than two years before the sale, it is considered a short-term capital asset. […]