Fdi investment or not

This query is : Resolved 

19 May 2016 Hi sir, Foriegn citizen comes to India for employment and he want to purchases shares of Indian company ,whether the transaction includes fdi norms,?

20 May 2016 permission is generally granted subject to the overall limit of 25% or 49% or 75 % as the case may be. The declaration to that effect is required to be made at the time of opening of the trading account with BROKER.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries