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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2012 Can a NRI purchase agricultural land in India? Is there any restriction according to Income Tax Act or any other Act/Law?

03 May 2012 Yes Nri can purchase agriculture land in india as per income tax law, but as per land revenue act other than farmer no one can buy agriculture land...

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Querist : Anonymous

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03 May 2012 Thank you very much Sir. Could you tell me that is there any restriction in RBI policy also regarding the same?




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