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GIFT TO DAUGHTER STAYING USA

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 October 2010 A PERSON WANTS TO GIVE MONEY TO HIS MARRIED DAUGHTER AS GIFT WHO IS STAYING IN USA. HOW MUCH HE CAN MAKE GIFT UNDER FEMA AND IT ACT?
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Ajay Mishra

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Ajay Mishra (Expert)
01 November 2010 Hi


I will suggest you to read Master Circular on FDI issued by RBI on July 2010. I think this will help you.


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