Acquisition and sale of Immovable property in India
Acquisition and sale of Immovable property in India by NRI,PIO,foreigners The Foreign Exchange Management Act, 1999 (FEMA) came into force with effect from June 1, 2000. With the introduction of the new Act in place of FERA, certain structural changes were brought in. The Act consolidates and amends the law relating to foreign exchange to…