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Repatriation of rental income from India

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Repatriation of rental income from India

Last updated: May 16 2014
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  • Repatriation of rental income from India

    I am an OCI holder (Overseas Citizenship Indian) residing in New Zealand. I have just started to earn rental income from my ancestral properties in India. Can I repatriate this income from India? The annual rental income is about Rs.6 lakhs . Can anyone share some information on what would be the potential tax I would have to pay with some brief calculations? I do not earn any other income from India and I have a PAN card.
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