Workshop on ‘HOW TO BUY FOREIGN PROPERTIES’ under FEMA Provisions

Introduction Buying and investing properties abroad like in Dubai, Gulf, London, Australia etc is very lucrative propositions. But to buy properties on foreign land requires RBI and Enforcement Directorate permissions under Foreign Exchange Management Act. Ignorance of Law is not an excuse. One must know the limit of remittance in foreign exchange

Enforcement Directorate Raids UAE Exchange in India

By Accommodation Times News Services Enforcement Directorate officials visited some of the UAE Exchange branches in India to check if they were accepting demonetized 500s and 1000s rupee notes in their branches for Forex or Gold loan or Ticketing or Money transfer. They gave a clean chit to its branches for

Huge NRI investments likely in Real Estate in 2016

By Dr Sanjay Chaturvedi, LLB, PhD After Government's investment friendly policies and Prime Minister Narendra Modi's campaign, the confidence level in Indian markets have gone very high. A survey conducted by Accommodation Times Education and Research Foundation on 35000 NRI revealed the good news. Beside PM Modi's crusade campaigns, international capital

RBI Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad

By Accommodation Times News Services RBI/FED/2015-16/10 FED Master Direction No. 15/2015-16 January 1, 2016 To, All Authorised Dealer Category – I banks and Authorised banks Madam / Dear Sir, Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS)

RBI Master Direction – Establishment of Liaison/ Branch/ Project Offices in India by Foreign Entities

By Accommodation Times News Services RBI/FED/2015-16/6 FED Master Direction No.10/2015-16 January 1, 2016 To, All Category – I Authorised Dealer banks and Authorised Banks Madam / Dear Sir, Master Direction - Establishment of Liaison/ Branch/ Project Offices in India by Foreign Entities Establishment of Branch/ Liaison/ Project Offices in India is regulated in terms of Section 6(6) of