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Regulations Regarding Acquisition and Transfer of Immovable Property in India
What are the Regulations regarding Acquisition and transfer of immovable property in India ? 1. Acquisition and transfer of property in India by an Indian citizen resident outside India: A person resident in India other than agricultural property, plantation property or farm house. Read More →
Regulations Regarding Acquisition or Transfer of Immovable Property
What are the Regulations regarding Acquisition or transfer of immovable property situated outside India? A person resident in India would require the prior approval of RBI for acquisition or transfer of any immovable property situated outside India. However, the approval of RBI is not required in the following cases: Read More →
Prohibited Capital Account Transactions
What are Prohibited capital account transactions? Unless otherwise provided in the act, rules or regulations made there under, no PROI shall make investment in India in any entity which is engaged in any of the following activities: Chit Fund. Nidhi Company Agricultural or Plantation activity. Real estate business or construction Read More →
Permissible Capital Account Transactions Resident Outside India
What are Permissible Capital Account Transactions of Persons Resident Outside India ? A person resident Outside India may enter into any of the following capital account transactions subject to RBI Regulations made in this regard: Investment in securities of Indian body corporate. Investment in the capital of a firm, proprietorship Read More →
Foreign Exchange Management Regulations
What are Foreign Exchange Management (Permissible Capital A/C Transactions) Regulations, 2000? 1) Permissible Capital Account Transactions of Persons Resident in India A person resident in India may enter into any of the following capital account transactions subject to RBI Regulations made in this regard: Investment in foreign securities. Foreign Read More →
How Capital Account Transactions is regulated?[Section 6]
RBI may, in consultation with the Central Government, specify the permissible capital account transactions and the limits up to which foreign exchange will be allowed for such transactions by making the appropriate regulations. Accordingly, the RBI has made Foreign Exchange Management (Permissible Capital Account Transactions) Regulations, 2000. Thus, capital account Read More →
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