Long-term capital gains on listed equity shares and equity mutual funds, held over 12 months, are taxed at 12.5% on gains exceeding Rs 1.25 lakh, without the benefit of indexation.

NRIs selling property after 23 July 2024 pay a flat 12.5% long-term capital gains rate without indexation, regardless of purchase date — unlike residents, who got a one-time choice between this rate or 20% with indexation for older properties.

Your cost of acquisition is the original owner’s purchase cost, not the property’s fair market value at the date of inheritance, and the holding period includes the time the original owner held it, which affects whether the gain is long-term or short-term.

You’ll typically file ITR-2 or ITR-3 depending on your income sources, providing the sale deed or share transaction details and your PAN card, then calculate and pay any tax due before filing.

By setting off capital losses against gains, reinvesting in a residential property under Section 54, or investing in specified bonds under Section 54EC within 6 months of the sale, capped at Rs 50 lakh.

The default TDS rate for NRI property sellers runs from 12.5% up to 20%+ depending on the gain type, much higher than a resident’s standard 1% — though a Section 197 Lower Deduction Certificate can bring this closer to your actual liability.

Yes, generally through your NRO account after paying applicable taxes, subject to FEMA guidelines and any repatriation limits that apply to your specific transaction.