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Green Card is an important documentary proof and evidence required by immigrants living and working in the United...
A Passport is an official document which is issued by the government of the country where he/she is residing....
The word relinquish is derived from the Latin word ‘relinquere’ which literally translates into leaving behind,...
National Pension Scheme is a Government of India approved pension scheme under the Retirement Plan extended for all...
The terms Fair Market Price or Fair Market Value are the estimated price of any product, especially products which...
NRI or a Non Resident Indian is basically a citizen of India who is staying in a foreign land for the purpose of...
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Q: Can NRI acquire residential property by way of gift?
A: Yes, the Reserve Bank has granted general permission to NRIs/PIOs to acquire or dispose of commercial or residential properties by way of gift from or to a person resident in India or NRI or PIO....
Q: How is the stamp duty payable on purchase/sale of any immovable property determined?
A: Stamp Duty is payable on ‘Government Market Value’ of property or the consideration agreed to be paid for the purchase of the same, whichever is higher. In areas within the limits of the Municipal...
Q: What is e-stamping notarising?
A: Any legal document which is not executed on a stamp paper has to be registered with the Government by paying the necessary judicial charges. This is called e-stamping/franking. Though printed on...
Q: What is the difference between agreement to sell and sale deed?
A: Agreement to sell is a legal document which is executed between the builder and the customer after the customer has paid 20% of the agreement value of the apartment. This document will have the...
Q: What is the difference between general Power of Attorney and POA?
A: General Power of Attorney (GPA) is an authorization given by the customer to a person if he is, owing to his professional commitments, unable to personally attend to the purchase, negotiations,...
Q: Can a Power of Attorney (POA) invest on behalf of the NRI investor?
A: Yes. Unlike banks where a POA holder cannot open an account on behalf of the NRI, in a mutual fund the POA has the authority to invest on behalf of the investor and sign documents for initial and...
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