Dubai property owners from India receive ED notices for using credit card to buy homes — What happened? How to solve it

As per the Reserve Bank of India (RBI) guidelines, foreign exchange regulations prohibit individuals from borrowing to buy foreign properties. 

Dubai property owners from India receive ED notices for using credit card to buy homes — What happened? How to solve it
As per the Reserve Bank of India (RBI) guidelines, foreign exchange regulations prohibit individuals from borrowing to buy foreign properties. 

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