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Sold Property for ₹1 Cr? NRIs Only Get ₹69L: Here’s Why If you're an NRI selling property in India, the biggest shock isn’t the sale, it’s the TDS deduction. Sell for ₹1 crore, and you might receive only around ₹69 lakh. The remaining amount is deducted upfront under Section 195 as TDS. Unlike resident sellers (who face just 1% TDS), NRIs are subject to full tax-rate withholding, which can go up to ~31% including surcharge and cess. Here’s the catch: You may not even owe that much tax. • You mig
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