NRI Property Sale TDS Calculator
NRI Property Sale TDS Calculator
The TDS withheld is nowhere near your actual tax
Capital gain
0
sale minus purchase price
Actual tax owed
0
12.5% LTCG, no indexation
TDS the buyer must deduct
0
on the FULL sale price by default, Section 195
Why TDS is so much bigger than the tax
Section 195 requires the buyer to deduct TDS on the entire sale consideration, not just your gain — unless you obtain a lower/nil-TDS certificate from the Assessing Officer BEFORE the sale closes.
Getting the excess back
Without a lower-TDS certificate, you reclaim the gap between TDS deducted and actual tax owed by filing an Indian ITR and claiming a refund — a real cash-flow cost while you wait.
Repatriation
Moving sale proceeds abroad needs Form 15CA/15CB (chartered accountant certified) and is capped by RBI's USD 1 million/year facility for NRIs.
Assumes the property was purchased on or after 23 July 2024 (12.5% LTCG, no indexation) and held over 24 months (long-term). Properties purchased before that date can choose between 12.5% without indexation or 20% with indexation, whichever is lower — not modeled here, check both if your purchase predates July 2024. TDS is modeled at a simplified 12.5% flat estimate on the full sale price under Section 195 (real TDS often runs higher once surcharge/cess are added, and varies by whether a lower-deduction certificate was obtained in advance). DTAA relief in your country of residence isn't modeled. Not tax advice — NRI property sales should go through a CA experienced with Section 195 before the sale deed is signed.
Frequently asked questions
Should I choose the old tax regime or the new one?
It depends on how many deductions and exemptions you actually claim (80C, HRA, home loan interest, and similar). If your eligible deductions are substantial, the old regime often works out cheaper; if you claim few or none, the new regime's lower slab rates usually win. Compare both using your real numbers rather than assuming -- this calculator does that comparison directly.Read more: Rent in the City, Buy Farmland, Pay No Tax: The Advice That Raises Your Tax Bill
What counts as a tax-saving investment?
Under the old regime, Section 80C covers instruments like PPF, ELSS mutual funds, EPF, life insurance premiums, and 5-year tax-saving FDs, up to the annual 80C cap. The new regime doesn't offer most of these deductions, which is the core trade-off between the two regimes.Read more: Tax Deferment Techniques in India: What the Wealthy Use and Nobody Teaches You
How is capital gains tax calculated on mutual funds/stocks?
It depends on the holding period and asset type. Equity held over 12 months is taxed as long-term capital gains (with an annual exemption threshold); held less than 12 months, it's short-term and taxed differently. Debt funds follow their own, separate rules. Always check the current thresholds, since these are periodically revised.Read more: A ULIP Is an Investment Fund Wearing an Insurance Costume — Here’s Every Charge
What is TDS and when does it apply?
TDS (Tax Deducted at Source) is income tax deducted upfront by whoever pays you -- an employer, a bank paying FD interest above a threshold, and similar -- and deposited with the tax department on your behalf. It's an advance payment toward your total tax liability, not an extra tax, and is adjusted when you file your return.Read more: Rent in the City, Buy Farmland, Pay No Tax: The Advice That Raises Your Tax Bill
Estimates only, not financial advice. See our Disclaimer.
