#residential property


 

Can I claim Sec 54F tax benefit on selling foreign shares or ETFs?

Yes. Indian taxpayers can avail of the tax exemption under section 54F of the Income-tax Act against gains earned from selling foreign shares or ETFs if the money is utilised to buy or build a new residential house, provided the house is located in India. This means they won’t have to pay capital gain tax […]

Partner, Nangia Andersen India
1
09 Mar 2024