https://www.taxtmi.com/circulars?id=54189 Acquisition and transfer of immovable property under FEMA set out who may acquire or transfer property in India and outside India, with NRIs and OCIs permitted to purchase non agricultural immovable property and receive property by gift or inheritance, subject to payment through specified banking channels, account debits, and reporting. Special rules govern joint acquisitions by non resident spouses, long term visa holders, diplomatic missions, and foreign branches; repatriation of sale proceeds is conditional on prior Reserve Bank permission or compliance with specified remittance facilities, and nationals or entities of certain countries require prior RBI approval. en-us Fri, 01 Jan 2016 00:00:00 +0530 Fri, 02 Sep 2022 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54189 Acquisition and transfer of immovable property under FEMA set out who may acquire or transfer property in India and outside India, with NRIs and OCIs permitted to purchase non agricultural immovable property and receive property by gift or inheritance, subject to payment through specified banking channels, account debits, and reporting. Special rules govern joint acquisitions by non resident spouses, long term visa holders, diplomatic missions, and foreign branches; repatriation of sale proceeds is conditional on prior Reserve Bank permission or compliance with specified remittance facilities, and nationals or entities of certain countries require prior RBI approval. Circulars FEMA Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54189