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What all persons do FEMA (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 regulations apply to?

April 26, 2017acquisition FEMA immovable India persons Property regulations transfer

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What all persons do FEMA (Acquisition and Transfer of Immovable Property in India) Regulations, 2000 regulations apply to?

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Ans: FEMA deals with the acquisition and transfer of an immovable property by way of a gift involving NRIs, PIOs and foreign Nationals, whether resident or non-resident in India.