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How much part of consideration, can NRI repatriate, upon the sale of his property?

April 26, 2017consideration NRI Property repatriate sale

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How much part of consideration, can NRI repatriate, upon the sale of his property?

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Ans. India is fully convertible on current account and partial on capital account. Remittance of sale proceed is limited to the cost of the property only, and the amount of gain on sale of property, cannot be repatriated.