<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Person resident in India (PRII) may permit for Transfer or Liquidation of Equity capital</title>
    <link>https://www.taxtmi.com/manuals?id=2886</link>
    <description>Pricing and transfers of overseas equity by persons resident in India must follow arm&#039;s length pricing with AD banks ensuring valuation under internationally accepted methodologies and a board approved policy. Transfers and liquidations require compliance with Overseas Investment limits, documentation and reporting; mergers, amalgamations, demergers, buybacks or liquidation require competent authority approval. For ODI disinvestment, transferors must have no outstanding receivable dues and generally must have held the investment for at least one year, subject to narrow intra group exceptions. Transfers are disallowed if the original investment was not permitted.</description>
    <language>en-us</language>
    <pubDate>Sat, 17 Jun 2023 12:04:00 +0530</pubDate>
    <lastBuildDate>Tue, 24 Sep 2024 12:45:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=716885" rel="self" type="application/rss+xml"/>
    <item>
      <title>Person resident in India (PRII) may permit for Transfer or Liquidation of Equity capital</title>
      <link>https://www.taxtmi.com/manuals?id=2886</link>
      <description>Pricing and transfers of overseas equity by persons resident in India must follow arm&#039;s length pricing with AD banks ensuring valuation under internationally accepted methodologies and a board approved policy. Transfers and liquidations require compliance with Overseas Investment limits, documentation and reporting; mergers, amalgamations, demergers, buybacks or liquidation require competent authority approval. For ODI disinvestment, transferors must have no outstanding receivable dues and generally must have held the investment for at least one year, subject to narrow intra group exceptions. Transfers are disallowed if the original investment was not permitted.</description>
      <category>Manuals</category>
      <law>FEMA</law>
      <pubDate>Sat, 17 Jun 2023 12:04:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=2886</guid>
    </item>
  </channel>
</rss>