TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Guidelines on Foreign Property: Rules for Indian and Non-Resident Acquisitions, Joint Ownership, and Reporting.</h1> The Master Direction under the Foreign Exchange Management Act, 1999, regulates the acquisition and transfer of immovable property by Indian residents abroad and non-residents in India. It outlines rules and amendments, including the Foreign Exchange Management (Overseas Investment) Rules, 2022, and the Foreign Exchange Management (Non-debt Instruments) Rules, 2019. The Reserve Bank of India provides directions to authorized dealers for conducting foreign exchange business. Key provisions include acquisition rights for Non-Resident Indians and Overseas Citizens of India, joint acquisitions with spouses, and restrictions for citizens of certain countries. The document also details reporting requirements and conditions for repatriation of sale proceeds.
TaxTMI 
TaxTMI 
