NRIs can remit up to $1 million from sale of property

Tax partner and people advisory services leader, EY India

I bought a flat in December 2017 for ` 1.2 crore in New Delhi. However, I got a job offer in 2018 and moved to Canada as a permanent resident. I have some financial problems and wish to sell the property. How will this be taxed? I won’t be using the...

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