An individual who resides in India for a period of less than 182 days during the previous year and is residing outside India for the purpose of employment, then irrespective of the fact of his presence in India for the... (Continue reading)
P.K. Mohanty** India’s engagement with its overseas community has been mainstreamed with the establishment of a focal Ministry – the Ministry of Overseas Indian Affairs (MOIA) – for all matters relating to overseas Indians. The Ministry’s mandate is to serve... (Continue reading)
Acquisition and Transfer of Immovable Property in India by a person resident outside India. By Mr. Niraj Vimal Punmiya, Advocate & Mrs. Dimple Niraj Punmiya, C.A. I. Regulations / Directions issued by Reserve Bank of India Q.1 Where can one find regulations /... (Continue reading)
OVERSEAS CITIZENSHIP OF INDIA – AKSHEY KUMAR Akshey Kumar* 15:11 IST The 4th Pravasi Bhartiya Diwas at Hyderabad will make a history when the first Overseas Indian Citizenship Certificate will be handed over by the Prime Minister, Dr. Manmohan... (Continue reading)
FOREIGN EXCHANGE MANAGEMENT ACT (FEMA) And BUYING AND SELLING OF IMMOVABLE PROPERTY IN INDIA 1. Foreign Exchange Management Act, 1999 has come into force from 1st June, 2000 replacing the earlier Act of Foreign Exchange Regulation Act, 1973. The Reserve... (Continue reading)
Real Estate Investment for NRIs Rajkumar S. Adukia Chartered Accountant radukia@vsnl.com Investing in immovable properties in India is not a Herculean task for the NRIs anymore. We have come a long way from the days of FERA (Foreign Exchange Regulation Act) regime, when buying... (Continue reading)
Acquisition and Transfer of Immovable Property in India by a person resident outside India. By Mr. Niraj Vimal Punmiya, Advocate & Mrs. Dimple Niraj Punmiya, C.A. I. Regulations / Directions issued by Reserve Bank of India Q.1 Where can one find regulations /... (Continue reading)
OVERSEAS CITIZENSHIP OF INDIA Akshey Kumar* The 4th Pravasi Bhartiya Diwas at Hyderabad will make a history when the first Overseas Indian Citizenship Certificate will be handed over by the Prime Minister, Dr. Manmohan Singh at its inaugural ceremony on 7th... (Continue reading)
Acquisition and Transfer of Immovable Property in India by a person resident outside India. By Mr. Niraj Vimal Punmiya, Advocate & Mrs. Dimple Niraj Punmiya, C.A. I. Regulations / Directions issued by Reserve Bank of India Q.1 Where can one find regulations /... (Continue reading)
Investment in Immovable Property and Tax Planning for NRIs Rajkumar S. Adukia Chartered Accountant radukia@vsnl.com Investing in immovable properties in India is not a Herculean task for the NRIs anymore. We have come a long way from the days of FERA (Foreign Exchange Regulation... (Continue reading)