Repatriation of money into india by nri
This query is : Resolved
12 December 2013
A NRI wants to bring money into India for investing in India. In relation to this my question is:-
1)Now i just wanted to know whether there is any maximum limit to such transfer to India.
2)What are the legal formalities that are required to be fulfilled as per RBI/ FEMA norms.
3)Also what are procedure as per Income Tax Act.
From where should i get these details i mean which books should i refer.
Kindly help me.
Thanks. :)
1)Now i just wanted to know whether there is any maximum limit to such transfer to India.
2)What are the legal formalities that are required to be fulfilled as per RBI/ FEMA norms.
3)Also what are procedure as per Income Tax Act.
From where should i get these details i mean which books should i refer.
Kindly help me.
Thanks. :)
12 December 2013
confirm that investment in company or other.
12 December 2013
Thanks Mr. Ajay for reply.
The said Investment is in company by way of Equity Investment.
Also what are position if investment is in others?
The said Investment is in company by way of Equity Investment.
Also what are position if investment is in others?
12 December 2013
Go to my article, it will help you:
https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp#.UqmEGReWaDM
https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp#.UqmEGReWaDM
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