DrawMagic Editorial

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NRI Taxation

Section 197 Lower-TDS Certificate for NRI Sellers

Why should an NRI seller let the buyer withhold tax on the entire sale price when the actual gain β€” and the actual tax owed β€” is a fraction of that? Section 197 exists to fix exactly this.

21 Sept 202611 min
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#nri-taxation#section-197#lower-tds
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NRI Taxation

TDS on NRI Rental Income From Property in India

Tenants renting from an NRI landlord must deduct 31.2% TDS on every rupee of rent, with no monthly threshold β€” here is exactly how the compliance chain works.

21 Sept 202611 min
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#nri-taxation#rental-income#tds-rent
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NRI Taxation

US-Based NRI Property Tax: DTAA, TDS and Repatriation

A green-card holder selling a flat in Hyderabad faces Indian TDS on the full sale price and US worldwide-income tax on the same gain β€” here is how the DTAA foreign tax credit keeps you from paying twice.

21 Sept 202611 min
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#nri-taxation#usa-nri#dtaa
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NRI Taxation

UK-Based NRI Property Tax: DTAA and Repatriation

A London-based NRI selling a flat in Pune has to reconcile Indian source tax with HMRC's worldwide-gains rules and the remittance-basis question β€” here is the sequence that avoids double taxation.

21 Sept 202611 min
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#nri-taxation#uk-nri#dtaa
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NRI FEMA & Funding

NRI Selling Property to a Resident Indian: FEMA Rules

An NRI can legally sell almost any India property to a resident buyer β€” the real complexity sits in the TDS deducted upfront and the repatriation route the proceeds must follow afterward.

20 Sept 202612 min
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#nri-property-sale#fema-rules#resident-buyer
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NRI FEMA & Funding

Can an NRI Sell Property to Another NRI? FEMA Rules

Two NRIs can trade a flat entirely across time zones β€” the FEMA question isn't whether it's allowed, but which account the money moves through on each end.

20 Sept 202614 min
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#nri-to-nri-sale#fema-rules#oci-buyer
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NRI FEMA & Funding

Can an NRI Sell Inherited Agricultural Land?

You can't buy the family farmland back, but FEMA does let you inherit it and sell it β€” as long as the buyer on the other side is a resident Indian.

20 Sept 202613 min
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#nri-agricultural-land#inherited-property#fema-rules
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NRI FEMA & Funding

Paying for Under-Construction Property as an NRI

Every milestone draw on a construction-linked plan is its own small FEMA-compliant wire transfer β€” plan the schedule like a recurring remittance, not a one-time purchase.

20 Sept 202612 min
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#nri-under-construction#milestone-payment#fema-funding
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NRI FEMA & Funding

Can an NRI Buy a Residential Plot in India? FEMA Rules

A residential plot is fair game for an NRI under FEMA, but the same land parcel classified as agricultural is off-limits β€” and the difference isn't always obvious from a listing photo.

20 Sept 202612 min
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#nri-plot-purchase#residential-plot#fema-rules
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NRI FEMA & Funding

Opening NRE and NRO Accounts Before You Buy

The banking setup for an NRI property purchase should happen weeks before house-hunting starts, not the week an offer needs funding.

20 Sept 202611 min
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#nre-nro-account#nri-banking#account-opening
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NRI FEMA & Funding

Mixing NRE and NRO Funds: Impact on Repatriation

Paying for a flat with money from two different accounts feels harmless at closing β€” the complications show up years later, at resale, when you try to move the proceeds back out of India.

20 Sept 202611 min
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#nre-nro-mixing#source-of-funds#repatriation
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NRI FEMA & Funding

Can an NRI Gift Property to a Resident Relative?

An NRI can gift owned Indian property to a resident relative under FEMA, but the rules shift sharply depending on whether the asset is residential, commercial, or agricultural land.

20 Sept 202615 min
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#nri-gift-property#gift-deed#resident-relative