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Individuals allowed to invest in foreign securities



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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About the Author

Practices in NRI, Int.Tax, FEMA, TP , FDI/FIPB & FCRA

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