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of <h1>Listed Indian companies can write off 25% of overseas subsidiary investments under automatic route</h1> Listed Indian parties with wholly-owned subsidiaries abroad or majority stakes in overseas joint ventures may write off up to 25% of equity investment in capital and receivables including loans, royalty, and management fees. Applications require certified balance sheets showing losses and five-year benefit projections submitted through designated banks. Write-offs must be reported to Reserve Bank within 30 days. Unlisted Indian parties require approval route for similar restructuring of overseas investments under foreign exchange management regulations.
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