Payment made by non resident towards share application

I want to know whether a Non Resident can make Share Application in an Indian Company by his NRO Account..

Whether any FEMA provisions would be attracted?

Please reply

Replies (2)

ANY PAYMENT RECEIVED FROM NRI WILL BE APPLICABLE WHETHER REPIRTABLE OR NON REPAIRTABLE ,AUTOMATIC ROUTE OR APPROVAL ROUTE

CHECK RBI SITE ALL CIRCULAR AVALIABLE 

 

What every NRI needs to know about NRI demat account? The Indian equity market is viewed as a window to prosperity by resident Indians and NRIs. Despite facing strenuous economic disaster, the Indian stock market is enjoying sheer position. The market has been on a roll for the past 10 years, with an estimated growth of 19% per annum witnessed on the Sens*x https://www.holisticinvestment.in/nri-demat Regards Ramalingam K, MBA, CFP, Director and Chief Financial Planner, Holistic Investment Planners “Best Performing Financial Advisor Award” Winners from CNBC TV18 www.holisticinvestment.in (Follow us on):- https://www.facebook.com/holisticinvestmentplanners

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Follow