by admin | Apr 17, 2025 | FEMA, General Insurance
Part 2 – Life Insurance Part 1 of this insurance series is already available, where we examined FEMA and tax issues around general insurance, covering health insurance and insurance for various assets. In Part 2, we are covering FEMA and tax issues with respect to...
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,...