https://www.taxtmi.com/acts?id=32309 Non-resident persons who have established a branch, office or other place of business in India (excluding liaison offices) may acquire immovable property necessary or incidental to their permitted activity, subject to compliance with applicable laws and filing a declaration with the Reserve Bank in the prescribed form; such property may be mortgaged to an authorised dealer as security for borrowings. en-us Tue, 15 May 2018 17:41:20 +0530 Thu, 19 Jun 2025 16:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32309 Non-resident persons who have established a branch, office or other place of business in India (excluding liaison offices) may acquire immovable property necessary or incidental to their permitted activity, subject to compliance with applicable laws and filing a declaration with the Reserve Bank in the prescribed form; such property may be mortgaged to an authorised dealer as security for borrowings. Act-Rules FEMA Tue, 15 May 2018 17:41:20 +0530 https://www.taxtmi.com/acts?id=32309