Immovable property transactions must use Indian banking channels and remain subject to applicable taxes, duties, and levies. Acquisition or transfer of immovable property under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 must be undertaken through banking ... Summary
Immovable property transactions must use Indian banking channels and remain subject to applicable taxes, duties, and levies.
Acquisition or transfer of immovable property under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 must be undertaken through banking channels in India and is subject to payment in India of applicable taxes, duties and other levies.
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