Foreign Direct Investment

Others 1012 views 7 replies

Can foreign company invest in liquid funds in India?

Replies (7)

Hi

kindly post the exact query.

give complete info

 

what type of liquid funds

like a chartiable institution established under laws outside wants to provide funds to promote education and research among students.

To provide eductaion for profit? or just for charity as the nature of the company is in its origin country?

Originally posted by :Reena
" To provide eductaion for profit? or just for charity as the nature of the company is in its origin country? "

for education charitable purpose.
 

Dear Member

On the basis of limited inormation, I submit as follows:

Donation by foriegn company to an Indian charitable Trust/society/section 25 Co registered under ForiegnContribution Act is permissable. 

 

But there would be no returns and the donation would be on non-repatriation basis.

 

Views of members solicited.

 

regards

 

CS Gaurav Jain

+91-9212605990

gaurav @ rsj.co.in 

 


Dear Members,

 

 

My Knowledge CS.Jains sir answer is correct

 

Certain kinds funds regulated by Ministry of Home Affairs through Foreign contribution Regulation  Act, 1976.


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