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Country: United States
2018-05-27 To 2018-05-27
2018-05-19 To 2018-06-19
2018-05-22 To 2018-05-22
2018-05-25 To 2018-05-25
Times of India
NRI or a Non Resident Indian is basically a citizen of India who is staying in a foreign land for the purpose of...
It is a unique identification code, a combination of ten alpha numeric characters, given to any individuals staying...
Social Security Number is the number assigned to individuals in the United States of America by the Government of...
Capital Gains Tax or CGT is defined as the implication of tax over the realized profits of the sale of an asset,...
When the investor of the project stays outside the national boundary of the country where such project exists, the...
OCI or Overseas Citizenship of India is a card or rather recognition provided to individuals who have migrated to...
Q: Can a Bangladeshi/ Pakistani national or an entity owned/ controlled from Bangladesh/ Pakistan have an account in India?
A: An opening of accounts by individuals/ entities of Pakistan nationality/ ownership and entities of Bangladesh ownership requires prior approval of the Reserve Bank.
However, individuals of...
Q: What is meant by person resident in India?
A: As per India's Foreign Exchange Management Act (FEMA) 1999, a person resident in India is a person residing in India for more than 182 days during the course of the previous financial year...
Q: Do NRIs require consent of the Reserve Bank of India (RBI) to buy immovable property in India?
A: No, NRIs don't require consent from the RBI to buy an immovable property in India, provided the property is residential or commercial in nature.
Q: Is there any limit on the number of housing properties that an NRI can buy?
A: No. There is no limit placed on the number of residential properties an NRI can buy in India.
Q: Can NRI buy property in India jointly with foreign citizen?
A: No, an NRI or a PIO cannot buy a property in India jointly with a foreign citizen.
Q: Can a foreign national of non-Indian origin acquire residential property on a lease in India?
A: Yes. A Foreign National of non-Indian origin including a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan can acquire residential properties on...
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