Investment in indian pvt ltd co
This query is : Resolved
Harikesh Misra
(Querist)
10 May 2012
what are the implication of various rules if NR indivisual purchases 75% share in indian pvt ltd co.?
whether the purchase consideration can be invested in Fixed deposit in india by the above said co.
CA Harikesh Misra
whether the purchase consideration can be invested in Fixed deposit in india by the above said co.
CA Harikesh Misra
Ajay Mishra
(Expert)
10 May 2012
Hi
For the first question I will suggest you to read Master Circular issued by RBI on Foreign Direct Investment, that will provide you the limit upto which you can invest in Indian shares.
For the first question I will suggest you to read Master Circular issued by RBI on Foreign Direct Investment, that will provide you the limit upto which you can invest in Indian shares.
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