Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Non-resident Indians can invest in Indian firms through banking channels with sector restrictions and no repatriation rights</h1> Non-resident Indians and Persons of Indian Origin may invest in Indian firms or proprietary concerns subject to specific conditions. Investment must be received through normal banking channels or authorized dealer accounts. The business cannot engage in agricultural, plantation, real estate, or print media activities. Invested amounts are not eligible for repatriation outside India. Income from NRSR account investments must be credited back to the same account type. These regulations have been superseded by new 2017 regulations.
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