Article

Executing a Power of Attorney
August 24 , 2012

An emigrating Indian can give power of attorney to a resident. No permission is required for this purpose. Power of attorney should be executed on a stamp paper of appropriate values, applicable to the country of execution. It covers the following aspects:

  1. Portfolio Management
  2. Bank Accounts
  3. Application to RBI
  4. Filing of returns and representing before tax authorities
  5. Matters incidental to the above.

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