Members,
There is one whollyy owned subsidiary (wos) of an Egyptian company in India.
Parent company is in Egypt and WOS in india. Parent company is sending foreign exchange (80000 USD) to its WOS for carrying on the routine expenses of WOS as the WOS is not earning any profit as on date.
Wat is the complainces/ reporting to be done in FEMA ?
Pls reply.
Thanks.
pls reply. It is urgent.
Do we take it as ECB ?
Pls reply if anybody has any idea.
Wat reporting is to be done in RBI ?
Pls reply members....
I wud be thankful if any of the learned members pay sm time to my query.
Shaswat initial support private limited
Ahmedabad
CS
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Aggarwal Sarawagi and Co
New Delhi
CA
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Karia Overseas
Ahmedabad
CA
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CAclubindia
