Can a non-resident gifit his residential/commercial property?
A.14. Yes. (a) NRI/ PIO may gifit residential/ commercial property to (i) person resident in India or (ii) an NRI or (iii) PIO.
(b) foreign national of non-Indian origin needs prior approval of Reserve Bank. More.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.
Related Questions
How much foreign exchange can a resident individual send as gifit / donation to a person resident outside India?
What is non-restricted residential property under the Residential Property Act?
XI Remittance of sale proceeds of immovable property inherited by a person resident outside India Q.37. Can sale proceeds of any immovable property inherited by NRI/PIO from a person resident in India be remitted abroad?
Can a person resident outside India (i.e. NRI or PIO or foreign national of non-Indian origin) hold any immovable property in India acquired by way of inheritance from a person resident outside India?
DDo non-resident Indians i.e. Indian citizens resident abroad require permission of Reserve Bank to acquire any immovable property in India?
If the immovable property was acquired by way of gifit by the NRI/ PIO, can he repatriate abroad the funds from sale?