Dividend payment to NRI
This query is : Resolved
25 February 2009
What are the compliances under various laws and authorities like RBI, SEBI or FEMA for dividend remittance to NRI ? ( also specific the various forms and format required to be filled)
27 February 2009
In case of Listed Company, for Dividend Payment to NRI, under Listing Agreement you have to just intimate to the Stock Exchanges about this within 15 minutes of the conclusion of Board Meeting by fax and followed by a letter which can be courier, no other formalities are required to be done for RBI. just go throug following circular of RBI A.P. (DIR Series) Circular No. 45 dt. 14.05.2002. You need to just provide a Certificate from CA to your Authorised Dealer Bank at the time of remittance.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Reporting of STCG on Property in ITR
- Form 10BD Filling
- Not able to file ITR
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
