1 article tagged Ldc.
When an NRI sells Indian property, the buyer is legally required to deduct TDS under Section 195 — NOT the 1% Section 194-IA rate most people assume. The default rate is 20% / 12.5% on full sale value, which often vastly overshoots the actual capital-gains tax. The 2026 honest guide: how TDS actually works on NRI property sale, the Section 197 Lower Deduction Certificate that fixes overspending, the post-23-Jul-2024 capital-gains regime change, and Section 54 / 54F / 54EC exemptions.