India » Taxes

Real Estate Tax	Transfer Tax	Income Tax	Capital Gains Tax
0

Real Estate Tax

Investment in Indian Real Estate is exempted from all kinds of taxes.

Transfer Tax

There are two conditions for the transfer tax. If the real estate is transferred to a relative, no tax is applicable on either the donor or recipient. However according to Finance Act 2004, if the recipient of the property is not relative to the person, he/she will be charged transfer tax, value of which will depend on the income of the recipient and value of the property.  

Income Tax

Foreign residents (individuals and companies), investing in aviation, shipping services and other sectors are liable to pay income tax at the rate of 5%-10%.

Capital Gains Tax

Capital gains tax in India is computed through two criteria; long-term capital gains tax and short-term capital gains tax. A 20% of the actual profit will be charged on the sale of asset such as immovable property or a company etc. Short term capital gains tax is deducted from the regular salary. A rate of 10% is charged on negotiable securities on Stock exchange.