Non-repatriation investment by NRIs and OCIs receives domestic treatment, subject to sectoral prohibitions and remittance conditions. Non-repatriation investments by NRIs and OCIs may be made without monetary limit in Indian company equity instruments, investment vehicle units, LLP ... Summary
Non-repatriation investment by NRIs and OCIs receives domestic treatment, subject to sectoral prohibitions and remittance conditions.
Non-repatriation investments by NRIs and OCIs may be made without monetary limit in Indian company equity instruments, investment vehicle units, LLP capital, startup convertible notes, and qualifying domestic mutual fund units. These investments are treated as domestic investments. Investment is prohibited in Nidhi companies and businesses involving agricultural or plantation activities, real estate, farm houses, or transfer of development rights. Contributions to firms and proprietary concerns are also barred where they engage in agricultural or plantation activities, print media, or real estate business. Payment and remittance conditions apply.
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