https://www.taxtmi.com/acts?id=2415 Partnership firms registered under the Indian Partnership Act, 1932 providing specified professional services may invest abroad in similar foreign concerns by remittance or capitalization of fees, subject to membership of the relevant all India professional body and an annual investment ceiling of US$1 million (or equivalent). The investing firm must, through an authorised dealer, report specified firm and investment particulars to the central bank within thirty days of the investment. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 14:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2415 Partnership firms registered under the Indian Partnership Act, 1932 providing specified professional services may invest abroad in similar foreign concerns by remittance or capitalization of fees, subject to membership of the relevant all India professional body and an annual investment ceiling of US$1 million (or equivalent). The investing firm must, through an authorised dealer, report specified firm and investment particulars to the central bank within thirty days of the investment. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2415