TaxTMI 
TaxTMI 
Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI Scheme allowed under the Government route
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....nvestment (FDI) in India - Issue of equity shares under the FDI Scheme allowed under the Government route Attention of Authorised Dealers Category - I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000, notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to ti....
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....ies / equipments (including second-hand machineries), subject to compliance with the following conditions: (a) The import of capital goods, machineries, etc., made by a resident in India, is in accordance with the Export / Import Policy issued by the Government of India as notified by the Directorate General of Foreign Trade (DGFT) and the regulations issued under the Foreign Exchange Managemen....
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....bject to compliance with the following conditions: (a) Submission of FIRC for remittance of funds by the overseas promoters for the expenditure incurred; (b) Verification and certification of the pre-incorporation/ pre-operative expenses by the statutory auditor; (c) Payments should be made directly by the foreign investor to the company. Payments made through third parties citing the absenc....