Investment abroad without prior approval: registered partnership firms may invest in specified professional services overseas under FEMA regulations. Registered partnership firms may invest abroad without prior Reserve Bank approval for specified professional services under Regulation 17B, namely ... Summary
Investment abroad without prior approval: registered partnership firms may invest in specified professional services overseas under FEMA regulations.
Registered partnership firms may invest abroad without prior Reserve Bank approval for specified professional services under Regulation 17B, namely Chartered Accountancy; Legal Practice and Related Services; Information Technology and Entertainment Software Related Services; and Medical and Healthcare Services. The Schedule setting out these eligible services has been superseded by a later notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.