I’m an OCI cardholder living in India. Can I gift money to my parents in Telangana to buy farmland, even though they aren’t farmers? And if so, could I inherit the land from them someday?

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Law Forum › Category: Property › I’m an OCI cardholder living in India. Can I gift money to my parents in Telangana to buy farmland, even though they aren’t farmers? And if so, could I inherit the land from them someday?
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Apni Law Staff asked 1 year ago

I’m an OCI cardholder living in India. Can I gift money to my parents in Telangana to buy farmland, even though they aren’t farmers? And if so, could I inherit the land from them someday?

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Best Answer

Apni Law Staff answered 1 year ago

As an OCI cardholder, you can gift money to your parents in India, including for purchasing farmland, regardless of their occupation. However, inheritance laws in India are complex and vary by state. You may be able to inherit the land, but it’s advisable to consult with a legal professional to understand your specific rights and the potential tax implications.

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