Foreign Venture Capital Investor fees: registration, renewal and late payment obligations set, with collection and remittance duties for depository participants. Schedule II sets the fee regime for Foreign Venture Capital Investors: a registration fee payable on Form submission to the designated depository participant; renewal fees payable in multi year blocks (with a longer block for SWAGAT FI) collected in advance by designated depository participants from a specified year and remitted to the Board; a per day late fee with a maximum cap for delayed renewal payments where the investor has cash or securities in India; and an exemption for international or multilateral aid agencies enjoying central government privileges and immunities. Designated depository participants must remit monthly collections to the Board with prescribed details.
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Foreign Venture Capital Investor fees: registration, renewal and late payment obligations set, with collection and remittance duties for depository participants.
Schedule II sets the fee regime for Foreign Venture Capital Investors: a registration fee payable on Form submission to the designated depository participant; renewal fees payable in multi year blocks (with a longer block for SWAGAT FI) collected in advance by designated depository participants from a specified year and remitted to the Board; a per day late fee with a maximum cap for delayed renewal payments where the investor has cash or securities in India; and an exemption for international or multilateral aid agencies enjoying central government privileges and immunities. Designated depository participants must remit monthly collections to the Board with prescribed details.
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