How Many House Properties an NRI Can Own or Hold in India?

| Last updated: 09 August 2011

Foreign Exchange Management Act,1999 under section 6(3)(i)grants permission to RBI to prohibit, restrict or regulate acquisition or transfer of immovable property in India, by a person resident outside India. RBI pursuant to powers conferred under sec.6(3)(i) has issued The Foreign Exchange Manag
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CA. Anuj Gupta

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Practices in NRI, Int.Tax, FEMA, TP , FDI/FIPB & FCRA

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