by admin | 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,...
by Mukesh Bansal | Mar 18, 2025 | FEMA
FEMA Perspective Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and certain foreign nationals can acquire and transfer immovable property in India under specific guidelines as below: A. Acquisition of Immovable Property by NRIs and OCIs 1. Acquisition...
by Mukesh Bansal | Mar 10, 2025 | FEMA
Residential Status – Multiple Countries with Double Taxation Avoidance Agreements (DTAA) Benefits I. Tax Residency under Foreign Laws After determining their residential status in India, an individual should also assess their residential status according to the local...
