Sale of foreign shares in Indian Rupees - FEMA rules
This query is : Open
04 August 2025
Indian resident selling his foreign co shares to an OCI (Indian - American) receiving the consideration in Indian Rupees from the OCI's bank account in India. In there any RBI norms required to be followed by the seller of the shares (Indian resident). on income tax angle Seller is ready to pay his capital gain tax on sale of shares.
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