I inherited big property from my parents in India. I want to sell this property and bring money to US. Is there a limit on the money I can bring from India to US. I think I have to pay taxes in India. Do I have to pay something here too. Can I use this money to invest here in America.
Related to that, after receiving the property, who is the owner of this property, I get all rights like regular purchased property? in future can I sell gifted property?
my friend transfer his account to my account from US.So i want to know what is the actual tax structure for pay the govorment on it.
I am living in Pune with my mother, after father’s death i wants to change resident flat ownership to my mother for the same, what procedure i have to follow in details ???
gift, and what gift tax he has to pay if any.