Individuals allowed to invest in foreign securities

CA. Anuj Gupta , Last updated: 16 August 2013  
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A resident individual (singly or along with another resident individual or with an Indian Party as defined in FEMA Notification) satisfying the criteria as enumerated below, may make overseas direct investment in the equity shares and compulsorily convertible preference shares of a Joint Venture

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CA. Anuj Gupta
(Practices in NRI, Int.Tax, FEMA, TP , FDI/FIPB & FCRA)
Category Corporate Law   Report

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