What is meant by .......
1)Call back services of telephones
2)dividend balancing
Please clarify this one ..
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Schedule I of prohibitions given by RBI (FEMA)
Replies (1)
Dividing Balancing means "the cumulative outflow of foreign exchange on account of payment of dividend over a period of seven years from the date of commencement of commercial production to investors outside India shall not exceed cumulative amount of export earning of the company during those years. "
Regards.
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