In our previous article ‘NRI investments in India–key considerations’, we had discussed the regulatory and tax implications with respect to investments in equity shares and mutual funds in India. In this article, we have focused on the real estate sector which is another popular investment avenue for non-resident Indians (NRIs). […]
RBI To Allow One-Time Loan Recast In Construction, Real Estate, Tourism And Aviation
With banks pushing for a one-time restructuring of loans, the Reserve Bank of India (RBI) may provide this leeway for select stressed sectors. Sectors such as tourism, hospitality and real estate have been seeking this relief to tide over the business slump resulting from effects of COVID-19 pandemic induced economic downturn. A senior […]