Free Taxation Seminars for Indian Expats
All property tax-related issues including rental, capital gains, repatriation of funds, Gift tax etc. will be discussed. Scheduled for 1st and 2nd Dec during Indian Property Show
November 22, 2015; Dubai, UAE: In order to understand taxation rules when buying property in India, the Indian Property Show, scheduled from 1st to 3rd of December in Dubai will be hosting two seminars, specifically dealing with taxation rules and regulations. The seminars, which have been scheduled for the first two days of the event, will be conducted by C A B.E Kumar Prasad, reputed Chartered Accountant and Partner at Balakrishna & Co. The sessions will help NRIs investing in Indian property understand related issues such as repatriation of funds, rental tax, capital gains tax, gift tax and recent trends on the scene.
Indian Property Show will be held at Dubai World Trade Centre, Hall 2 and will be open to visitors from 11am to 8pm every day. Entry will be free with provision for complimentary parking.
Sunil Jaiswal, President Sumansa Exhibition, organisers of the event, said: Until one invests in real-estate, property tax is not a subject that one deals with on regular basis. However, with a property of your own, it becomes a looming reality that calls for immediate understanding. This is where such seminars can make a huge difference, particularly to NRIs who have been away from home and need a thorough guidance in such matters so that they do not end up in a legal web. The sessions will provide useful advice to visitors on all related issues that can crop up in situations where tax deduction is applicable, the tax rates applicable for rents from housing property and situations where one can avail tax exemption, besides other concerns.
“The seminars will also focus on capital gains tax related to selling property in India, which is another important segment of Indian Property Show. Dealing in the secondary market can be quite difficult, if one is not aware of the legalities involved. Given the cost-sensitivity of the market, this is an aspect that every property seller must comprehend well when venturing into the arena. Attending seminars that address such issues will help both sellers and buyers gain maximum profit.”
Another important feature that will be covered in seminars is the tax implication of gifted property where Mr Prasad will discuss all tax-related matters of real-estate as gift that one needs to be aware of.
Besides, Taxation, visitors at the Indian Property Show can attend free seminars on Know Your City, NRI Guide to Property Investment in India, Vaastu, Taking Care of the Legal Angles and South India’s Residential Real Estate Hot Spots.