Dears
is it possible for a resident in india to invest in & doing business outside india as per FEMA? is any conditions or restrictions for it kindly help me
amrit
(CA Final)
(70 Points)
Replied 12 December 2013
Yes it is possible for resident of india to invest outside,there are certain restrictions and conditions regarding investment.type of entity,sectors of investment.
you may see the below link for details....
https://www.rbi.org.in/scriptts/BS_ViewMasCirculardetails.aspx?id=8100
CAclubindia
