Tag Archives: NRI

Transfer or Issue of Security by a Person Resident outside India

By | November 6, 2015

RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE NOTIFICATION Mumbai, the 30th October, 2015 No. FEMA.354/2015-RB Foreign Exchange Management  (Transfer or Issue of Security by a Person Resident outside India) (Tenth Amendment) Regulations, 2015 G.S.R. 823(E).—In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of… Read More »

Subscription to National Pension System by Non Resident Indians

By | October 30, 2015

RBI/2015-16/216 A.P. (DIR Series) Circular No. 24 October 29, 2015 To, All Authorised Dealer Category – I Banks Madam/Sir Subscription to National Pension System by Non-Resident Indians (NRIs) 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… Read More »

ACQUISITION AND TRANSFER OF PROPERTY IN INDIA BY NRI

By | August 14, 2015

ACQUISITION AND TRANSFER OF PROPERTY IN INDIA ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY IN INDIA 1.1 Background Restrictions in respect of acquisition and transfer of immovable property in India by non-resident are covered in Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000. Instructions are consolidated in RBI Master Circular No.… Read More »