Best way to show foreign income as Indian Income

Practise 718 views 1 replies

I am planning to move to india after long stay abroad, I am paying tax for my income abroad.

I am aware that there is a RBI restriction on utilization of foreign funds in some sectors e.g. Agriculture.

I am planning to be a agriculturist.

Question is:

1) Is RBI law applicable to all ( individual/companies) ?

2) How can I invest the Foreign earned money in india (e.g: Agriculture), staying within the legal limits ?

Thanks in advance.

(sorry, I was not sure which category this question should be ! )

Replies (1)

The answer to your query shall depend on your stay in India and nationality. Specific approval from RBI may also be required in your case.

 

Anuj

0-9810106211

anuj106 @ gmail.com


CCI Pro

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