https://www.taxtmi.com/manuals?id=2880 Resident individuals may make overseas investments as ODI or OPI in specified modes including direct investment in operating foreign entities, capitalisation of amounts due, swaps, rights/bonus issues, gifts, inheritance, sweat equity, minimum qualification shares and ESOP/Employee Benefits Scheme acquisitions; investments under ten percent that do not confer control are OPI. Gifts and inheritance from certain persons are unlimited and not reckoned under the LRS. Reporting obligations exist under Overseas Investment Regulations and LRS where applicable; swaps and repurchases carry specific compliance and reporting conditions. en-us Fri, 16 Jun 2023 14:20:00 +0530 Sat, 21 Sep 2024 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2880 Resident individuals may make overseas investments as ODI or OPI in specified modes including direct investment in operating foreign entities, capitalisation of amounts due, swaps, rights/bonus issues, gifts, inheritance, sweat equity, minimum qualification shares and ESOP/Employee Benefits Scheme acquisitions; investments under ten percent that do not confer control are OPI. Gifts and inheritance from certain persons are unlimited and not reckoned under the LRS. Reporting obligations exist under Overseas Investment Regulations and LRS where applicable; swaps and repurchases carry specific compliance and reporting conditions. Manuals FEMA Fri, 16 Jun 2023 14:20:00 +0530 https://www.taxtmi.com/manuals?id=2880