Helped an NRI plan capital gain tax & money repatriation to UK.

Client Challenges

An NRI settled in UK approached PKC with the following challenges :

• Not sure about the statutory enactments applicable on the sale of property transactions
• Wanted to repatriate money to UK after the sale of property
• Looking for opportunities to reduce the tax burden legally

PKC Solutions

PKC helped the client with the following solution :

• Devised tax planning strategy for the sale of property.
• Ensured that all applicable statutory enactments are complied with.
• Helped to comply with banking rules to repatriate money
• Filing income tax returns in India

Results