Category:
Law Services
The payment for acquisition or purchase of property can be made out of funds received in India through banking channels by way of inward remittance from any place outside India or funds held in any Non-Resident Rupee (NRE)/ Non Resident Ordinary Rupee (NRO)/ Foreign Currency Non-Repatriable (FCNR-B) maintained in accordance with provisions of the Foreign Exchange Management Act, 1999 and the regulations made by Reserve Bank of India from time to time. No payments can be made in the form of a che



