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purchasing property outside india

Querist : Anonymous (Querist) 23 March 2010 This query is : Resolved 
please tell me the procedure for purchasing property in a foreign country say america or australia. how much money can be sent outside india per year and through whom. which particular act and rules i have to refer to. can the money be sent through "Money Transfer"? is there any tax to be paid.? thanks.
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Devajyoti Barman (Expert) 02 November 2010
If you send the money for educational purposes then it does not attract any tax.

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