Doubt on Repatriation of funds from India to Usa

[terminator_desi]

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

[Kootami]

6 minutes ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

Anthey mari , once money transfer ayyaka itu techukodam antey with new tax cuts and all

[Spartan]

India lo onvest cheste antey if you are planning to get that money back to US , its waste of investment

oka sari akkada real estate loop lo poindi ante its gone money , with megre profits

[8pm]

25 minutes ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

India lo investment us lo settling.

Dimag unnodu evad cheyyadu.

[Marsmangalodu]

14 minutes ago, 8pm said:

India lo investment us lo settling.

Dimag unnodu evad cheyyadu.

Anna ee 20 pc tax bodi  kotthaga pettindi inthaka mundu aithe baane unde 

[Spartan]

1 minute ago, Marsmangalodu said:

Anna ee 20 pc tax bodi  kotthaga pettindi inthaka mundu aithe baane unde 

a 20% tax not applicable to NRIs vayya

[yemdoing]

47 minutes ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

yes just 20k profit is useless for the headache. 2014 lo dollar 60 unninda ?

[Tellugodu]

46 minutes ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

100k invested with a nominal ROI of 8% in S&P 500 index fund 10 years back would fetch you 215,000 USD which is equivalent to 1.78 crores in Indian rupees.

[vithanda_vadhi]

52 minutes ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

As an NRI you can repatriate up to 1 million with out TCS. However, you need to pay income tax on profit. And your profit is not on total 60k$. It will be lesser after using indexed rate for your investment.

TCS is not final tax, it is only advance collection. You can take it back during tax submission.

[Konebhar6]

8 hours ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

Yeh a lot of NRIs invest in india thinking they will go back. We never anticipated Rupee to depreciate like this. A lot of NRIs realizing that investing in India is not profitable unless you are going back. 

In your case, yes its not profitable but just be happy that you have this money and Stocks lo dobbettukoledu ani ...

[nokia123]

8 hours ago, 8pm said:

India lo investment us lo settling.

Dimag unnodu evad cheyyadu.

Evadu anukunnadu baa Covid acchi paccha cards istharu ani ..lekunte edho time lo vapas povude ani anukuntam kadha 

[AnandaVivek]

6 minutes ago, nokia123 said:

Evadu anukunnadu baa Covid acchi paccha cards istharu ani ..lekunte edho time lo vapas povude ani anukuntam kadha 

Gunde meeda cheyyi vesukuni cheppu…andaroo vasthunna returns choosi investment chesaru..malli back velthe undataniki kaadu

[ChillDude]

9 hours ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs af

9 hours ago, terminator_desi said:

hi friends,

Need some clarification on repatriation  from India to US.I bought a house in Hyderabad for 60lakhs(100k$) in 2014(dollar was 60 rupees then).I am planning to sell that property and get back the money to US.The property value doubled and is about 1.2 crores now(150K$ with current dollar rate =82 rupees)."SBI" Vadu wire transfer chestanu anadu after 20% tax cut.So net I will be getting is 120k$(96 lakhs after 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my thinking process wrong?

ter 20% tax deduction).So after almost 10 years wait time, I will be getting only 20k$ profit which is worthless anipistundi.Is my 10

anta takkuva profit which part of hyd bro ? Houses grew atleast 3 to 4 times and land ki limit ledu..

[nokia123]

1 hour ago, AnandaVivek said:

Gunde meeda cheyyi vesukuni cheppu…andaroo vasthunna returns choosi investment chesaru..malli back velthe undataniki kaadu

[Rabbo]

Don’t get it back , my thinking is to retire in india