INDBInternet News Database 2.5 Updated 1 min ago · 414 sources Show or hide images Light or dark

Moved abroad, selling mutual funds to buy a house in India? Know the tax rules

Save Compare coverage
Image from Livemint

Summary

A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.

Description from Livemint.

Who is covering this

  1. Livemint Not rated IN
    Moved abroad, selling mutual funds to buy a house in India? Know the tax rules

    A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.