Taxation

NRI Home Sellers: Understanding Tax Liabilities and Available Exemptions

Selling a property in India can be challenging, especially if you are a Non-Resident Indian (NRI). Apart from the usual sale formalities, NRIs need to understand specific tax implications, exemptions, and legal requirements associated with property transactions. Infinity Housing explains what you need to know to navigate the sale smoothly. 1. To Whom Can You Sell Your Property? As an NRI, you...

Property Capital Gains Tax: Strategies to reduce short-term and long-term tax liabilities

Investing in real estate can be profitable, but homebuyers and property sellers need to be aware of capital gains tax (CGT) to avoid unexpected tax liabilities. Capital gains tax is levied on the profit earned when selling a property. Infinity Housing explains the types of capital gains tax, calculation methods, and ways to reduce your tax burden legally. Understanding Capital Gains Tax When you...

How You Can Save Tax Through Home Loans in India

Buying a home is a major financial milestone, and for many Indians, it involves long-term EMIs spanning 15–30 years. To ease this burden, the Government of India offers several income tax deductions on home loans. These benefits significantly reduce your taxable income, making homeownership more affordable. To help you understand these provisions better, here’s a simplified guide to the three key...