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New Delhi, India – Non-Resident Indians (NRIs) looking to sell property in India are navigating an increasingly complex environment of updated tax laws, stringent banking compliance, and heightened government scrutiny. Recent changes in tax deduction protocols and foreign exchange regulations have created significant challenges, making it essential for sellers to understand the new rules to ensure smooth transactions and avoid financial penalties.

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The process of repatriating sale proceeds abroad is now governed by a multi-layered framework involving the Income Tax Act, the Foreign Exchange Management Act (FEMA), and Double Taxa

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