Investments by NRI
This query is : Resolved
Amit Mistry
(Querist)
09 April 2009
Can NRI directly make an investments in pvt. ltd. in india ? if Yes then what % of Share in total investment ?
CA. B.SRINIVASULU
(Expert)
09 April 2009
First you have to check the amount of investment he is going to make. Then check under the FEMA act and RBI guidelines whether the amount is within the limit of automatic route. If in automatic route receive the money and inform RBI within 30days from the date of receipt of money.
If the amount is not within the limit of automatic route then you have to get approval from FIPB - foreign investment proposal board and then only you can receive the investment.
If the amount is not within the limit of automatic route then you have to get approval from FIPB - foreign investment proposal board and then only you can receive the investment.
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
- GST on reimbursement of expenses
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Whether output tax is taken credit by purchaser
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
