NRI Property Sale Repatriation: FEMA Rules for Transferring Sale Money Abroad
Selling a flat in Pune or a plot in Gurugram is the easy half. Getting the money into your bank account in Toronto, Dubai or London is where most NRIs get stuck, usually because the bank asks for a document nobody told them about. NRI property sale repatriation is governed by the Foreign Exchange Management...
Read MoreFEMA Rules for NRI: A Complete Guide to FEMA Compliance and Transactions in India
Which statute actually decides whether an Indian passport holder living in Dubai may keep a savings account in Chennai, buy an apartment in Pune, or wire rental income back to the Gulf? Almost every Indian professional abroad assumes the answer is the income tax law, and almost every one of them is wrong about the...
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