Hi Sriram here,
how to bring the money earned through sale of asset in singapore to india. i hold a NRE account in india. i have paid the tax while selling the property in singapore. can i just transfer the entire money to my local NRE account in india? will there be any tax i need to pay after i bring the money in to india? how much time can i hold the money in my NRE account? if i transfer the money to my local indian S/B account, will it attract any tax? do i need to invest the money in any assest within any stipulated period?
Can someone guide me with solution?