https://www.taxtmi.com/acts?id=18611 The scheme permits non-resident persons and entities (subject to specified exclusions) to invest in LLPs by capital contribution or profit-share acquisition, provided the LLP operates in sectors allowing full foreign investment under the automatic route and complies with LLP Act conditions. Investments must be effected at or above a fair price determined by accepted valuation norms with a certified valuation certificate; resident-to-nonresident transfers require consideration at or above fair price and nonresident-to-resident transfers at or below fair price. Payments must be inward remittance or debit to prescribed foreign currency accounts, and LLPs must report receipts, transfers and submit annual returns to the Reserve Bank, with designated partners responsible for compliance. en-us Mon, 09 Jun 2014 12:55:17 +0530 Wed, 25 Jun 2025 11:18:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18611 The scheme permits non-resident persons and entities (subject to specified exclusions) to invest in LLPs by capital contribution or profit-share acquisition, provided the LLP operates in sectors allowing full foreign investment under the automatic route and complies with LLP Act conditions. Investments must be effected at or above a fair price determined by accepted valuation norms with a certified valuation certificate; resident-to-nonresident transfers require consideration at or above fair price and nonresident-to-resident transfers at or below fair price. Payments must be inward remittance or debit to prescribed foreign currency accounts, and LLPs must report receipts, transfers and submit annual returns to the Reserve Bank, with designated partners responsible for compliance. Act-Rules FEMA Mon, 09 Jun 2014 12:55:17 +0530 https://www.taxtmi.com/acts?id=18611