Tag Archives: nris

NRIs investments in Indian companies may be made at face value subject to their eligibility to invest under the FDI scheme

In terms of sub-regulation (1) of Regulation 5 of Notification No. FEMA 20/ 2000 – RB dated May 3, 2000, a person resident outside India or an entity incorporated outside India may purchase shares or convertible debentures of an Indian … Continue reading

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