by Mukesh Bansal | Apr 14, 2025 | General Insurance, FEMA
Part 1- General Insurance Cross border insurance products, premium payments and claim settlements have certain FEMA and corresponding tax issues both for Resident and Non-residents. We have tried to touch upon some of interesting issues with respect to cross border...
by Mukesh Bansal | Apr 9, 2025 | FEMA
Ways Through Which a Resident Indian Can Transfer Overseas Property: Transfer to a Person Resident/Non-Resident in India: A person resident in India may transfer immovable property outside India to a person resident or non-resident in India through the following...
by Mukesh Bansal | Mar 31, 2025 | FEMA
Ways of Acquisition of Immovable Property Outside India Acquisition from a Person Resident Outside India A person resident in India may acquire immovable property outside India from a person resident outside India by: Inheritance or Gift:Property acquired through...
by Mukesh Bansal | Mar 24, 2025 | FEMA
A. NRI/OCI Acquiring Immovable Property Through Gift: An NRI or OCI can acquire Indian immovable property as a gift from another NRI, OCI, or a person resident in India, provided the donor is a relative. 1. Type of Immovable Property Received Through Gift: As per FEMA...
by Mukesh Bansal | Mar 20, 2025 | FEMA
NRI Selling Immovable Property in India: Legal & Tax Insights for a Smooth Transaction Understanding the legal and tax framework is crucial for a hassle-free transaction. This guide covers key aspects, including FEMA regulations, TAX implications, TDS deductions,...