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.
I would like to give my house property to my younger brother. What are the ways to keep transaction costs e.g. Taxes etc to minimum? Is gifting is better than selling? I reside in India.
If a property is registered in the name of 2 people(A & B) and one of them (A) later gives his/her share to another person say C (without informing B. What rights does C will have on the property? Can A in the 1st place transfer his/her share of property to C? and other aspects of the situation?
A&B are related but not husband & wife.
I want to get the name tranefered on the property card as the land is purchased by me now. Its in mumbai. This procedure happens in old custom house. Officers are asking for bribe and no one helping. all officers are corrupted. What can be done i this case.?? can i ask the status of my application under right to information act.
Husband died leaving behind a flat, nominating his wife and minor daughter in the ratio 75:25. Accordingly society has transferred shares to the nominees. Does that give a clear title in the flat to the wife? Or does she require to execute a document of transfer to get title? Is stamp duty required to be paid & how much? Market value of flat is Rs.35 lacs.
IF I SELL MY PROPERTY AND WANTS TO TRANSFER MY FUNDS TO USA MY CHILDREN