INVESTMENT BY AN INDIVIDUAL PERSON RESIDENT OUTSIDE INDIA INCLUDING A NONRESIDENT INDIAN OR AN OVERSEAS CITIZEN OF INDIA - Foreign Exchange Management (Non-debt Instruments) Rules, 2019
INVESTMENT BY AN INDIVIDUAL PERSON RESIDENT OUTSIDE INDIA INCLUDING A NONRESIDENT INDIAN OR AN OVERSEAS CITIZEN OF INDIA - Foreign Exchange Management (Non-debt Instruments) Rules, 2019
Immovable property transactions must be through banking channels and comply with applicable tax and levy obligations. Rule 32 requires that any acquisition or transfer of immovable property under the Non debt Instruments rules be undertaken through banking channels in ... Summary
Immovable property transactions must be through banking channels and comply with applicable tax and levy obligations.
Rule 32 requires that any acquisition or transfer of immovable property under the Non debt Instruments rules be undertaken through banking channels in India and be subject to payment of applicable taxes and other duties or levies in India.
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