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Old 02-07-09   #1
estate1972
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Default Seeling house in Pune

Hi Folks,

I am planning to see my house in Pune. I am still a GC holder. Do I need to pay capital gains tax in India? Do I need to pay any taxes in the US for repatriating the money here?

Can anyone recommend a good real estate agent in Pune?

Thanks

Anoop
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Old 02-07-09   #2
jayat55
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Default it tax

as long as u r selling poroperty in india and taking money out of the country u need to pay the tax 20 % of the capital gain. u should see the indexing while filing the tax returns. go to good CA who will be able to help u. u can save lot of money .

all the best
jayat55
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Old 14-08-09   #3
roshandark
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Pune is a great place but little costly too. I also want some more insight on this for getting a good house overthere. Looking for more insight here..
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Old 14-12-09   #4
compuwalah
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If you own a house in Pune and want to view it, there is no Capital Gain tax (or any other tax ) on same ;-)
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Old 14-12-09   #5
razer
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Quote:
Originally Posted by compuwalah View Post
If you own a house in Pune and want to view it, there is no Capital Gain tax (or any other tax ) on same ;-)


Hey! We found a seller here! :p
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