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Showing posts from May 4, 2023

Family Property Partition for NRIs and OCIs in India

  When it comes to NRIs and ancestral property , they have the same rights as Indian citizens to inherit property. However, they may face certain legal and operational challenges when it comes to managing or selling the property, especially being out of the country of birth. NRIs need to be aware of the legal requirements and tax implications related to ancestral property in India, and it is recommended that they seek professional legal and financial advice to ensure smooth management and transfer of the property.