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All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds

It is not that complicated for Non-Resident Indians (NRI) to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of the Foreign Exchange Management Act (FEMA). … Continue reading All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds