For the purpose of this article, the term (NRI) as per popular use is used for a Foreign Citizen. PAN Card for a Foreign Citizen. What is a PAN? A PAN is a ten-digit alphanumeric number issued by the Income Tax Department of the Government of India. It is in the form...
NRI or OCI Family Property Partition The Partition Act (1893) gives one the authority to claim rights over his/her shares. By definition, property includes land, building, furniture and intangible things such as trademarks, copyrights and patents. In India, there is...
There are a number of myths surrounding owning, inheriting, buying, selling or even renting out property in India. Especially when an individual holds Non-resident Indians (NRIs) or Overseas Citizens of India (OCI) status. This post aims to answer some of the most...
Every year a large number of Indians based outside of India inherit, buy and sell property in India. Whether you are a Non-Resident Indian (NRI), an Overseas Citizen of India (OCI) or a Person of Indian Origin (PIO), without proper guidance, transferring Indian...
