Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2017 https://www.taxtmi.com/notifications?id=119994 The notification permits FDI in LLPs by eligible non-resident persons or entities (excluding Pakistan/Bangladesh) via capital contribution or acquisition/transfer of profit shares under the automatic route in sectors allowing full foreign investment without FDI-linked conditions; investments must comply with the LLP Act. Pricing must meet a fair price determined by accepted valuation norms with an appropriate certificate; payments are by inward remittance or specified NRE/FCNR(B) accounts. Reporting and annual RBI return obligations apply. en-us Fri, 03 Mar 2017 00:00:00 +0530 Mon, 06 Mar 2017 15:20:00 +0530 TaxTMI RSS Generator Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2017 https://www.taxtmi.com/notifications?id=119994 The notification permits FDI in LLPs by eligible non-resident persons or entities (excluding Pakistan/Bangladesh) via capital contribution or acquisition/transfer of profit shares under the automatic route in sectors allowing full foreign investment without FDI-linked conditions; investments must comply with the LLP Act. Pricing must meet a fair price determined by accepted valuation norms with an appropriate certificate; payments are by inward remittance or specified NRE/FCNR(B) accounts. Reporting and annual RBI return obligations apply. Notifications FEMA Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=119994