A Non-Resident Indian (NRI) and a person residing in India form a private company in India. The NRI pays the subscripttion money in INR in India. Is this considered as Foreign Direct Investment (FDI), and is the transaction legal?
Menu
The NRI pays the subscription money in INR in India. Is this considered as Foreign Direct Investment
Replies (2)
Subscripttion money? or do you mean equity?
Subscriptttion money paid in respect of subscriber of MOA
Recent Threads
- Property purchase by parents
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
- Amt of LTCG required to be reinvested on house pro
Related Threads
CAclubindia
