https://www.taxtmi.com/acts?id=2276 Regulation 5 permits residents to acquire immovable property outside India by gift or inheritance from specified persons or by purchase from foreign exchange held in a Resident Foreign Currency account, and allows such residents to gift acquired property to a resident relative; it also permits Indian companies with overseas offices to acquire immovable property abroad for business and staff residential purposes subject to regulatory directions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 17:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2276 Regulation 5 permits residents to acquire immovable property outside India by gift or inheritance from specified persons or by purchase from foreign exchange held in a Resident Foreign Currency account, and allows such residents to gift acquired property to a resident relative; it also permits Indian companies with overseas offices to acquire immovable property abroad for business and staff residential purposes subject to regulatory directions. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2276