https://www.taxtmi.com/acts?id=40941 A person resident in India requires general or special permission to acquire or transfer immovable property outside India, subject to specified exceptions. Permitted acquisition includes inheritance, gift, qualifying purchases, RFC account funds, Liberalised Remittance Scheme remittances, joint acquisition with a non-resident relative, and income or sale proceeds from overseas assets other than ODI. Indian entities may acquire property for overseas office and staff purposes. Property lawfully acquired may be gifted, sold, or charged, but holding or transfer is barred if the initial investment was not permitted. en-us Tue, 23 Aug 2022 15:20:33 +0530 Mon, 31 Aug 2026 15:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40941 A person resident in India requires general or special permission to acquire or transfer immovable property outside India, subject to specified exceptions. Permitted acquisition includes inheritance, gift, qualifying purchases, RFC account funds, Liberalised Remittance Scheme remittances, joint acquisition with a non-resident relative, and income or sale proceeds from overseas assets other than ODI. Indian entities may acquire property for overseas office and staff purposes. Property lawfully acquired may be gifted, sold, or charged, but holding or transfer is barred if the initial investment was not permitted. Act-Rules FEMA Tue, 23 Aug 2022 15:20:33 +0530 https://www.taxtmi.com/acts?id=40941