Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>RBI Revises Form FC-GPR for FDI Reporting: New Submission and Compliance Procedures for Banks and Companies.</h1> The circular issued by the Reserve Bank of India (RBI) revises the Form FC-GPR used for reporting Foreign Direct Investment (FDI) in Indian companies. Category-I Authorized Dealer banks are instructed to report FDI details using this revised form. The form is divided into Part A, which companies must submit through their banks to the RBI's regional office, and Part B, an annual report submitted directly to the RBI. The circular mandates banks to obtain a KYC report for foreign investors and outlines procedures for reporting and compliance with the Foreign Exchange Management Act. Amendments to existing regulations will be issued separately.