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ALL DEALS August 13, 2016 Sale proceeds of non-farm land can be remitted by NRIs
By: sristy SahaiStockPhoto I’m a non-resident Indian (NRI) living in Germany and have inherited a piece of non-agricultural land in India. I am going to sell it soon. Can I repatriate the sale proceeds? —Ashish Sinha An NRI may remit an amount up to $1 million per financial year (i.e., 1 April to 31 March), out of […]
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