NRO property-proceeds remittance screen

Estimate property-sale cash after an entered gross withholding rate and screen it against the RBI USD 1 million NRO remittance facility. This facility is not LRS.

NRO property-proceeds remittance screen

Estimates cash after entered withholding and checks the RBI USD 1 million NRO remittance facility. This is not LRS.

Gross property sale consideration (₹)Original purchase price only (₹)

Eligible improvement cost (₹)Transfer expenses (₹)

Holding period (years)INR per USDLTCG surcharge assumption (%)

A lower/nil deduction certificate specifies the withholding rateAssumed gross-consideration withholding rate (%)

Modelled remittance cash

Net after entered withholding

$221,939

₹2,17,50,000

Gain after entered costs: ₹1,50,00,000
Entered withholding: ₹32,50,000 (13%)
Indicative LTCG tax: ₹19,50,00012.5% base + 0% surcharge + 4% cess

Current process checkpoints

Confirm the taxable gain and withholding position with the buyer, bank and a cross-border tax adviser before completion.

For remittances on or after 1 April 2026, review Forms 145 and 146 under the Income-tax Rules, 2026 (the successors to legacy Forms 15CA and 15CB). The required part and certificate depend on chargeability and amount.

Provide the authorised dealer with the source-of-funds, tax-payment and property documents it requests for the NRO remittance.

The modelled net proceeds are within the USD 1 million NRO remittance facility, subject to the authorised dealer’s document review.

Withholding is modelled on gross consideration using the rate you entered. Actual Section 393/legacy Section 195 withholding can depend on the sum chargeable, surcharge, PAN and a lower/nil deduction certificate. The gain estimate uses the purchase price, eligible improvement cost and transfer expenses you entered. It still excludes exemptions, loss set-off, valuation substitutions, treaty positions and any tax-cost issue not represented by those fields.

Want to keep this calculation?

Save the tool on this device, print the visible result to paper or PDF, or share the page. Shared links do not include your entered numbers.