Medi Assist Healthcare IPO

Home Property

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Property

FERA

Welcome to our lesson on the Foreign Exchange Regulation Act (FERA) of 1973. This act was put in place to regulate various financial transactions related to foreign exchange, securities, and the import/export of currency. It also addresses the acquisition of immovable property by foreigners. It is important to note that under Section 31 (1) of FERA, foreign corporations that are not incorporated in India must obtain permission from the Reserve Bank of India (RBI) before acquiring, holding, transferring, or disposing of any immovable property in India, except for a lease of up to five years.

Flatted factory

A multi-storey industrial building, equipped with multiple goods lifts, designed for the purpose of accommodating several businesses. The building is divided into smaller un...

More

Penal rent

Rent default is a grave matter that can result in severe financial consequences for tenants. In such cases, the landlord may impose a penalty known as "liquidated damages," w...

More

Pre-stressed concrete

In the field of finance, we often come across the term "pre-stressed concrete". This type of reinforced concrete utilizes high-tensile steel bars or wires, which are either p...

More

Pugree

In finance, we often come across the term 'interest free security deposit'. This is a common practice in India, where tenants give a refundable deposit to landlords at the b...

More