I have inherited shares worth Rs. 1 crore from my father who was an Indian resident which I wish to sell. There is no taxable capital gains if I sell these shares. I wish to keep the money invested in India but in other shares. I have been advised that it - I have inherited shares worth Rs. 1 crore from my father who was an Indian resident which I wish to sell. There is no taxable capital gains if I sell these shares. I wish to keep the money invested in India but in other shares. I have been advised that it - Ask the Expert - Fee Only Investment Advisers

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I have inherited shares worth Rs. 1 crore from my father who was an Indian resident which I wish to sell. There is no taxable capital gains if I sell these shares. I wish to keep the money invested in India but in other shares. I have been advised that it

 How to do I go about it?

By remitting money into NRE account (after complying with all formalities) the money becomes freely remittable. Thus, any investments made out of that money can be freely remitted at any time without any limit subject to payment of taxes in India.