RBI Clearance
Posted on October 01 2020
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There may be certain clearance and certificates required from RBI (on a case to case basis) for either purchase, sale of property in India. These clearances are very specific and important, especially for NRI and Expats/Foreigners who may be possessing or purchasing property in India. These clearances become even more critical in case you decide to sell the property in India and repatriate the proceeds overseas. Hence it is always better to consult with a qualified and experience consultant who is well versed with NRI ad Cross Border Tax matter, who can guide you for your high value property transactions through various acts and regulations that may be applicable to you.
Tax Assist is a professional income tax consultancy in India for both corporate houses and individual tax payers; the latter comprising Salaried Individuals, Seafarers, Professionals and Non Resident Indians.
With the help of Tax Assist and its team of income tax professionals, taxpayers can minimize their Income Tax liability, maximize their net income and create opportunities to save for current and future needs while maintaining proper accounting standards and income tax returns which are compliant with the Law.
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