Same as bank accounts and mutual funds, its not easy task for the Indian government to identify the property of NRIs and their earnings from them. There are many US based NRIs, who are planning to sell their property in India and for that they are ready to offer big discounts and the reason behind that is the implementation of FATCA (US Foreign Account Tax Compliance Act). Read More at - http://shopsandhomes.com/Mumbai/Dombivli/All/Property-for-Sale/1-BHK-any-any-to-any
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Monday, 21 December 2015
US NRIs are selling their properties in India due to implementation of FATCA
Same as bank accounts and mutual funds, its not easy task for the Indian government to identify the property of NRIs and their earnings from them. There are many US based NRIs, who are planning to sell their property in India and for that they are ready to offer big discounts and the reason behind that is the implementation of FATCA (US Foreign Account Tax Compliance Act). Read More at - http://shopsandhomes.com/Mumbai/Dombivli/All/Property-for-Sale/1-BHK-any-any-to-any
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