Registration fee requirements for foreign portfolio investors: periodic payment, collection, exemption and late fee rules. Foreign portfolio investors in Category I and II must pay registration fees of US $2500 and US $250 respectively at Form submission, payable for every three year block of registration; SWAGAT FI pay for ten year blocks. Designated depository participants collect these fees in advance (three yearly or ten yearly for SWAGAT FI) and remit collected fees to the Board by the fifth working day of the following month in Board specified format. International or multilateral aid agencies with Central Government immunities are exempt. A late fee applies where relevant: US $50 per day for Category I and US $5 per day for Category II.
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Registration fee requirements for foreign portfolio investors: periodic payment, collection, exemption and late fee rules.
Foreign portfolio investors in Category I and II must pay registration fees of US $2500 and US $250 respectively at Form submission, payable for every three year block of registration; SWAGAT FI pay for ten year blocks. Designated depository participants collect these fees in advance (three yearly or ten yearly for SWAGAT FI) and remit collected fees to the Board by the fifth working day of the following month in Board specified format. International or multilateral aid agencies with Central Government immunities are exempt. A late fee applies where relevant: US $50 per day for Category I and US $5 per day for Category II.
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