LTCG on property sale for NRI

This discussion clarifies the Long Term Capital Gains (LTCG) tax implications for Non-Resident Indians (NRIs) selling property. It addresses whether NRIs can opt for the 20% tax with indexation or must pay 12.5% without indexation, noting that indexation benefits are generally for resident individuals and HUFs. The applicability of carrying forward capital losses for up to 8 years to offset gains from other properties is also discussed, with a note that final notifications are pending, especially regarding properties purchased before a specific date.