Foreign Investments in India – Investment in Proprietorship Concern/Partnership Firm

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....To All Authorised Dealers in Foreign Exchange Madam/ Sirs, Foreign Investments in India - Investment in Proprietorship Concern/Partnership Firm Attention of Authorised Dealers is invited to the Foreign Exchange Management (Investment in Firm or Proprietary concern in India) Regulations, 2000 notified by the Reserve Bank of India vide Notification No.FEMA.24/2000-RB dated May 3, 2000 as a....

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....rietary concern is not engaged in any agricultural/plantation or real estate business, i.e. dealing in land and immovable property with a view to earning profit or earning income therefrom. B. Investment in sole proprietorship concern / partnership firm with repatriation benefits NRIs/PIOs may invest in sole proprietorship concerns/ partnership firms with repatriation benefits only with the ....