The document outlines Indian regulations regarding outbound investments under FEMA. It discusses the types of permitted, regulated and prohibited investments. Investments are allowed through joint ventures, wholly owned subsidiaries, and portfolio investments up to 200% of net worth. Automatic route approval is provided for certain investments, while others require RBI approval. The document also discusses investment funding, share swaps, guarantees, reporting requirements and other compliance aspects according to FEMA regulations.
The document summarizes FEMA regulations regarding outbound investments from India. It outlines the types of permitted and prohibited investments overseas, the approval routes for direct investments in joint ventures and wholly-owned subsidiaries, limits on such investments, and obligations for investors. Portfolio investments up to certain limits are allowed under general permission for listed companies and individuals. Special provisions exist for investments in agricultural operations and a $25,000 scheme for personal remittances.
CVO Association - Intensive Study Course - Presentation on Investments outsid...P P Shah & Associates
This document provides an overview and summary of a presentation on outbound investments and guarantees under FEMA regulations. The presentation covered:
- Types of investments allowed under the automatic route including direct investments, portfolio investments, and other investments.
- Eligible investors under the automatic route such as companies, registered partnership firms, and PSUs. Investments must be for a bona fide business activity.
- Limits on financial commitment which cannot exceed 400% of the investor's net worth, and what is included in financial commitment such as equity contributions, loans, and guarantees.
- Prohibited sectors which exclude portfolio investments, real estate, and banking. Exemptions are also provided.
FEMA Regulations for Incorporation of WOS/JV/ Step-down Subsidiary outside IndiaDVSResearchFoundatio
Key Takeaways:
Acquisition of JV/WOS by Indian parties
Approvals required for investment in JV/WOS by Indian parties
Understanding step-down subsidiary
Setting up step-down subsidiary outside India and reporting procedures involved
Overseas investment refers to investments made by Indian entities in foreign companies through equity contributions or subsidiary setups. There are automatic and approval routes for such investments. Indian companies must comply with regulatory and capital adequacy norms. Key sectors for Indian investment overseas include manufacturing, energy and IT. Major destinations include the US, UK, Africa and Southeast Asia. Recent government initiatives have relaxed norms to encourage more overseas investments.
Impact due to change in residential status - FEMA perspectiveDVSResearchFoundatio
Key Takeaways:
Various bank accounts
ODI and FDI investments
Property held in India and Outside India
Loan transactions
Demat, Insurance policies and PPF accounts
The document summarizes FEMA regulations regarding outbound investments from India. It outlines the types of permitted and prohibited investments overseas, the approval routes for direct investments in joint ventures and wholly-owned subsidiaries, limits on such investments, and obligations for investors. Portfolio investments up to certain limits are allowed under general permission for listed companies and individuals. Special provisions exist for investments in agricultural operations and a $25,000 scheme for personal remittances.
CVO Association - Intensive Study Course - Presentation on Investments outsid...P P Shah & Associates
This document provides an overview and summary of a presentation on outbound investments and guarantees under FEMA regulations. The presentation covered:
- Types of investments allowed under the automatic route including direct investments, portfolio investments, and other investments.
- Eligible investors under the automatic route such as companies, registered partnership firms, and PSUs. Investments must be for a bona fide business activity.
- Limits on financial commitment which cannot exceed 400% of the investor's net worth, and what is included in financial commitment such as equity contributions, loans, and guarantees.
- Prohibited sectors which exclude portfolio investments, real estate, and banking. Exemptions are also provided.
FEMA Regulations for Incorporation of WOS/JV/ Step-down Subsidiary outside IndiaDVSResearchFoundatio
Key Takeaways:
Acquisition of JV/WOS by Indian parties
Approvals required for investment in JV/WOS by Indian parties
Understanding step-down subsidiary
Setting up step-down subsidiary outside India and reporting procedures involved
Overseas investment refers to investments made by Indian entities in foreign companies through equity contributions or subsidiary setups. There are automatic and approval routes for such investments. Indian companies must comply with regulatory and capital adequacy norms. Key sectors for Indian investment overseas include manufacturing, energy and IT. Major destinations include the US, UK, Africa and Southeast Asia. Recent government initiatives have relaxed norms to encourage more overseas investments.
Impact due to change in residential status - FEMA perspectiveDVSResearchFoundatio
Key Takeaways:
Various bank accounts
ODI and FDI investments
Property held in India and Outside India
Loan transactions
Demat, Insurance policies and PPF accounts
Key Takeaways:
Recent amendment in FDI policy for foreign investment
Ambiguities relating to the amendment
Probable impact of the changes in the policy
Overview of other countries' rule for strategic takeovers
WTO principles and inference
History of Outbound Investment & Rationale
Liberalization and the rationalization
Automatic Route of Overseas Investment
Approval Route
Eligible Entities for Investment
Other modes of Investment
Post Approval Compliance
Disinvestment / Pledge etc.
Factors Affecting Overseas Investment
Establishing foreign branches abroad by indian companyVineeth T
Setting up a branch office abroad involves several steps and requirements. An Indian company can establish a branch office outside India to conduct normal business activities. The key steps include obtaining board approval, appointing an authorized representative, opening a bank account, and filing required forms and applications with the RBI through an Authorized Dealer along with supporting documents. The branch office must promptly report bank account details to the Indian company's banker and repatriate any profits to India. Specific requirements may apply depending on the host country location of the branch office.
Key Takeaways:
Analysing the provisions of Sec 6
Recent budget amendments of Finance Act, 2020
Residency provisions under DTAA
Illustrations and Judicial Precedents
The document summarizes key changes made by the Reserve Bank of India to foreign exchange regulations relating to overseas direct investments by Indian parties. The changes liberalize rules around the creation of charges on shares and assets of joint ventures, wholly owned subsidiaries, and step-down subsidiaries. Specifically, the changes allow for the automatic routing of creating charges in favor of domestic or overseas lenders on shares and assets at any level of subsidiaries, extend this to group companies, and allow charges on domestic assets in favor of overseas lenders and overseas assets in favor of domestic lenders. The changes aim to provide more flexibility to Indian parties in availing foreign funding.
Foreign investment in Indian limited liability partnerships is allowed in sectors that permit 100% foreign direct investment under the automatic route. Such investment requires prior government or Foreign Investment Promotion Board approval. Eligible investors are foreign residents or entities incorporated outside India, excluding citizens of Pakistan and Bangladesh. The investment must be equal to or greater than the fair market valuation of the LLP capital or profits, as determined by a chartered accountant. Remittances can only be made in cash through banking channels, and investments must be reported to the Reserve Bank within specified timelines. Downstream investments by LLPs are not permitted.
CVO Association - Intensive Study Course - Presentation on Investments outsid...P P Shah & Associates
1) The document outlines regulations regarding outbound direct investment from India, including under the automatic route and approval route.
2) Key points include the types of permitted investments, who can invest and conditions, investment limits, reporting requirements, and post-approval compliance obligations.
3) The presentation also discusses topics like hedging of overseas investments, disinvestment, pledge of overseas investments, and regulations regarding specific sectors like financial services and oil/energy.
The document summarizes recent changes and clarifications related to corporate laws in India. It discusses:
1) Amendments to exclude independent directors and their relatives from the definition of related parties for related party transactions.
2) Clarification that restrictions on related party transactions do not apply to mergers, amalgamations, and schemes of arrangements.
3) No fresh approval needed for pre-existing related party contracts, unless terms are modified.
How to make outbound investment from india financing & complianceRamanuj Mukherjee
There are several options and procedures for Indian companies to make outbound investments. Under the automatic route, investments of up to 400% of net worth are permitted without approval. Companies can also use proceeds from ADR/GDR issuances. For investments outside these routes, approval must be obtained from authorities including the RBI. The document outlines financing options, compliance procedures, and regulations according to the Companies Act, FEMA, and SEBI.
This document summarizes the key regulatory frameworks and guidelines around foreign investment in India. It discusses the Foreign Exchange Management Act, Reserve Bank of India, and Department of Industrial Policy and Promotion as the key regulatory bodies. It also outlines the different schedules and limits for foreign direct investment, foreign institutional investors, non-resident Indians, and foreign venture capital investors. The press notes provide clarification on various topics like downstream investments, transfer of ownership to non-residents, and guidelines for calculating direct and indirect foreign investment in Indian companies.
The Reserve Bank of India liberalized external commercial borrowing guidelines relating to the creation of charges. Lenders can now allow creation of charges on immovable assets, movable assets, financial securities, and corporate or personal guarantees in favor of overseas lenders. Several conditions apply to the creation of these different types of charges. Charges on immovable assets must comply with foreign exchange regulations and the property can only be sold to an Indian resident if invoked. For movable assets, the lender's claim is restricted to the outstanding ECB amount and assets can be removed from India. Financial securities like share pledges are allowed subject to FDI and FII rules. Corporate guarantees require board approval and personal guarantees require an individual's request.
The document summarizes key changes to foreign exchange laws in India related to overseas direct investments and foreign direct investment. Some of the key changes include:
- Restoring limits on overseas direct investments by Indian parties under the automatic route to pre-August 2013 levels, but requiring RBI approval for any single financial commitment exceeding $1 billion.
- Allowing issue of partly paid shares and warrants by Indian companies to foreign investors, subject to pricing guidelines where 25% of consideration is received upfront and the balance within 12-18 months.
- Revising pricing guidelines for issue/transfer of shares under foreign direct investment to provide greater flexibility, requiring listed companies to follow SEBI guidelines and allowing unlisted companies to issue
- There are no restrictions on the percentage of royalty payments for use of technology or trademarks under FEMA. Royalty payments are considered current account transactions.
- There are no restrictions on payment of commissions, except for commissions over USD 25,000 or 5% of inward remittance paid to agents abroad for sale of residential/commercial property in India.
- Payment for employee stock ownership plans (ESOPs) are considered capital account transactions governed by FEMA regulations.
- Under the Liberalized Remittance Scheme, residents can provide loans in foreign currency to non-resident Indian relatives.
- Profits from sale of property or shares by non-resident Indians are considered capital account transactions as the
The document summarizes changes to foreign portfolio investment regulations in India. Key points include:
- A new "Foreign Portfolio Investment" scheme will replace the existing FII and QFI frameworks.
- Registered Foreign Portfolio Investors will be allowed to purchase shares, debt and engage in derivatives trading, subject to certain limits.
- RFPIs will be permitted to open special bank accounts to facilitate investment and can repatriate proceeds and invest in government bonds and corporate debt.
- Existing FIIs and QFIs will be deemed RFPIs for a transition period to allow for continued investment under the new rules.
The document is a master circular from the Reserve Bank of India regarding foreign investment in India. It provides an overview of foreign direct investment regulations in India, including the different routes for investment (automatic or government), eligible investors, permitted investment instruments, pricing guidelines, reporting requirements, and restricted sectors. It also outlines the regulatory framework and various instructions issued by RBI regarding foreign investment in India.
Foreign investment in India has been a major driver of economic growth. The government regulates foreign investment through the Foreign Direct Investment Policy and the Foreign Exchange Management Act, which allow foreign investment through two routes: the automatic route for sectors with 100% foreign ownership, and the approval route for sectors with caps or requiring case-by-case approval. Common modes of foreign investment include equity shares, compulsorily convertible debentures, and compulsorily convertible preference shares. Sectors are classified as prohibited, restricted, or permitted up to 100% for foreign investment. Strict procedures must be followed for foreign investment under both routes.
Foreign Institutional Investors (FIIs) refer to large investors from other countries that invest in India's financial markets. To invest in India, FIIs must register with the Securities and Exchange Board of India (SEBI). There are regulations on the maximum amount FIIs can invest in individual companies. FIIs can invest in primary and secondary markets through India's portfolio investment scheme. FIIs bring capital into the country but can also cause volatility in markets and the currency through short-term investments and withdrawals.
Foreign Currency and Foreign Currency Accounts for Residents under FEMADVSResearchFoundatio
Objectives & Agenda :
The Regulations under Foreign Exchange Management Act, 1999 regulate Foreign Currency that can held by an individual in India. In this Webinar we shall understand the Definition of the term 'Foreign Currency' and the regulation which governs the possession of foreign currency in India and the various types of Foreign Current Accounts that can opened by an Indian resident and the related conditions.
Weatherchem has been known for quality dispensing closures in the spice and seasonings market. But look - we have much more to offer today, because we listen to our customers and innovate to solve their problems!
Key Takeaways:
Recent amendment in FDI policy for foreign investment
Ambiguities relating to the amendment
Probable impact of the changes in the policy
Overview of other countries' rule for strategic takeovers
WTO principles and inference
History of Outbound Investment & Rationale
Liberalization and the rationalization
Automatic Route of Overseas Investment
Approval Route
Eligible Entities for Investment
Other modes of Investment
Post Approval Compliance
Disinvestment / Pledge etc.
Factors Affecting Overseas Investment
Establishing foreign branches abroad by indian companyVineeth T
Setting up a branch office abroad involves several steps and requirements. An Indian company can establish a branch office outside India to conduct normal business activities. The key steps include obtaining board approval, appointing an authorized representative, opening a bank account, and filing required forms and applications with the RBI through an Authorized Dealer along with supporting documents. The branch office must promptly report bank account details to the Indian company's banker and repatriate any profits to India. Specific requirements may apply depending on the host country location of the branch office.
Key Takeaways:
Analysing the provisions of Sec 6
Recent budget amendments of Finance Act, 2020
Residency provisions under DTAA
Illustrations and Judicial Precedents
The document summarizes key changes made by the Reserve Bank of India to foreign exchange regulations relating to overseas direct investments by Indian parties. The changes liberalize rules around the creation of charges on shares and assets of joint ventures, wholly owned subsidiaries, and step-down subsidiaries. Specifically, the changes allow for the automatic routing of creating charges in favor of domestic or overseas lenders on shares and assets at any level of subsidiaries, extend this to group companies, and allow charges on domestic assets in favor of overseas lenders and overseas assets in favor of domestic lenders. The changes aim to provide more flexibility to Indian parties in availing foreign funding.
Foreign investment in Indian limited liability partnerships is allowed in sectors that permit 100% foreign direct investment under the automatic route. Such investment requires prior government or Foreign Investment Promotion Board approval. Eligible investors are foreign residents or entities incorporated outside India, excluding citizens of Pakistan and Bangladesh. The investment must be equal to or greater than the fair market valuation of the LLP capital or profits, as determined by a chartered accountant. Remittances can only be made in cash through banking channels, and investments must be reported to the Reserve Bank within specified timelines. Downstream investments by LLPs are not permitted.
CVO Association - Intensive Study Course - Presentation on Investments outsid...P P Shah & Associates
1) The document outlines regulations regarding outbound direct investment from India, including under the automatic route and approval route.
2) Key points include the types of permitted investments, who can invest and conditions, investment limits, reporting requirements, and post-approval compliance obligations.
3) The presentation also discusses topics like hedging of overseas investments, disinvestment, pledge of overseas investments, and regulations regarding specific sectors like financial services and oil/energy.
The document summarizes recent changes and clarifications related to corporate laws in India. It discusses:
1) Amendments to exclude independent directors and their relatives from the definition of related parties for related party transactions.
2) Clarification that restrictions on related party transactions do not apply to mergers, amalgamations, and schemes of arrangements.
3) No fresh approval needed for pre-existing related party contracts, unless terms are modified.
How to make outbound investment from india financing & complianceRamanuj Mukherjee
There are several options and procedures for Indian companies to make outbound investments. Under the automatic route, investments of up to 400% of net worth are permitted without approval. Companies can also use proceeds from ADR/GDR issuances. For investments outside these routes, approval must be obtained from authorities including the RBI. The document outlines financing options, compliance procedures, and regulations according to the Companies Act, FEMA, and SEBI.
This document summarizes the key regulatory frameworks and guidelines around foreign investment in India. It discusses the Foreign Exchange Management Act, Reserve Bank of India, and Department of Industrial Policy and Promotion as the key regulatory bodies. It also outlines the different schedules and limits for foreign direct investment, foreign institutional investors, non-resident Indians, and foreign venture capital investors. The press notes provide clarification on various topics like downstream investments, transfer of ownership to non-residents, and guidelines for calculating direct and indirect foreign investment in Indian companies.
The Reserve Bank of India liberalized external commercial borrowing guidelines relating to the creation of charges. Lenders can now allow creation of charges on immovable assets, movable assets, financial securities, and corporate or personal guarantees in favor of overseas lenders. Several conditions apply to the creation of these different types of charges. Charges on immovable assets must comply with foreign exchange regulations and the property can only be sold to an Indian resident if invoked. For movable assets, the lender's claim is restricted to the outstanding ECB amount and assets can be removed from India. Financial securities like share pledges are allowed subject to FDI and FII rules. Corporate guarantees require board approval and personal guarantees require an individual's request.
The document summarizes key changes to foreign exchange laws in India related to overseas direct investments and foreign direct investment. Some of the key changes include:
- Restoring limits on overseas direct investments by Indian parties under the automatic route to pre-August 2013 levels, but requiring RBI approval for any single financial commitment exceeding $1 billion.
- Allowing issue of partly paid shares and warrants by Indian companies to foreign investors, subject to pricing guidelines where 25% of consideration is received upfront and the balance within 12-18 months.
- Revising pricing guidelines for issue/transfer of shares under foreign direct investment to provide greater flexibility, requiring listed companies to follow SEBI guidelines and allowing unlisted companies to issue
- There are no restrictions on the percentage of royalty payments for use of technology or trademarks under FEMA. Royalty payments are considered current account transactions.
- There are no restrictions on payment of commissions, except for commissions over USD 25,000 or 5% of inward remittance paid to agents abroad for sale of residential/commercial property in India.
- Payment for employee stock ownership plans (ESOPs) are considered capital account transactions governed by FEMA regulations.
- Under the Liberalized Remittance Scheme, residents can provide loans in foreign currency to non-resident Indian relatives.
- Profits from sale of property or shares by non-resident Indians are considered capital account transactions as the
The document summarizes changes to foreign portfolio investment regulations in India. Key points include:
- A new "Foreign Portfolio Investment" scheme will replace the existing FII and QFI frameworks.
- Registered Foreign Portfolio Investors will be allowed to purchase shares, debt and engage in derivatives trading, subject to certain limits.
- RFPIs will be permitted to open special bank accounts to facilitate investment and can repatriate proceeds and invest in government bonds and corporate debt.
- Existing FIIs and QFIs will be deemed RFPIs for a transition period to allow for continued investment under the new rules.
The document is a master circular from the Reserve Bank of India regarding foreign investment in India. It provides an overview of foreign direct investment regulations in India, including the different routes for investment (automatic or government), eligible investors, permitted investment instruments, pricing guidelines, reporting requirements, and restricted sectors. It also outlines the regulatory framework and various instructions issued by RBI regarding foreign investment in India.
Foreign investment in India has been a major driver of economic growth. The government regulates foreign investment through the Foreign Direct Investment Policy and the Foreign Exchange Management Act, which allow foreign investment through two routes: the automatic route for sectors with 100% foreign ownership, and the approval route for sectors with caps or requiring case-by-case approval. Common modes of foreign investment include equity shares, compulsorily convertible debentures, and compulsorily convertible preference shares. Sectors are classified as prohibited, restricted, or permitted up to 100% for foreign investment. Strict procedures must be followed for foreign investment under both routes.
Foreign Institutional Investors (FIIs) refer to large investors from other countries that invest in India's financial markets. To invest in India, FIIs must register with the Securities and Exchange Board of India (SEBI). There are regulations on the maximum amount FIIs can invest in individual companies. FIIs can invest in primary and secondary markets through India's portfolio investment scheme. FIIs bring capital into the country but can also cause volatility in markets and the currency through short-term investments and withdrawals.
Foreign Currency and Foreign Currency Accounts for Residents under FEMADVSResearchFoundatio
Objectives & Agenda :
The Regulations under Foreign Exchange Management Act, 1999 regulate Foreign Currency that can held by an individual in India. In this Webinar we shall understand the Definition of the term 'Foreign Currency' and the regulation which governs the possession of foreign currency in India and the various types of Foreign Current Accounts that can opened by an Indian resident and the related conditions.
Weatherchem has been known for quality dispensing closures in the spice and seasonings market. But look - we have much more to offer today, because we listen to our customers and innovate to solve their problems!
Free and Open Source Software distributions raise difficult problems both for distribution editors and system administrators. Distributions evolve rapidly by integrating new versions of software packages that are independently developed. System upgrades may proceed on different paths depending on the current state of a system and the available software packages, and system administrators are faced with choices of upgrade paths, and possibly with failing upgrades.
Mancoosi develops mechanisms that provide for rollbacks of failed upgrade attempts, allowing the system administrator to revert the system to the state before the upgrade, and better algorithms and tools to plan upgrade paths based on various information sources about software packages and on optimization criteria.
The consortium as a whole is entirely committed to the free software movement, and the project sets up virtuous cycles associating users, industry and researchers that will outlive the project itself.
Mancoosi is a European research project in the 7th Research Framework Programme (FP7) of the European Commission, which has started February 1st, 2008, and has a duration of 3 years.
Buku ini membahas peran penting media dalam mendukung reformasi sektor keamanan di Indonesia. Media dipandang sebagai pilar keempat demokrasi setelah kekuasaan eksekutif, legislatif, dan yudikatif. Media dapat memantau dan mengawasi kebijakan serta praktik di sektor keamanan untuk mendorong transparansi dan akuntabilitas. Buku ini berisi berbagai artikel yang membahas peran media dalam isu-isu tertentu terkait reformasi se
Bab pertama membahas tentang sejarah dan perkembangan serikat pekerja media di Indonesia. Serikat pekerja media mulai bermunculan setelah krisis ekonomi 1997 untuk memperjuangkan hak-hak pekerja media. Bab ini juga membahas tentang tantangan yang dihadapi pekerja media dari dalam industri media itu sendiri seperti tindakan anti serikat dari pemilik media.
The presentation provides an overview of the FASB's project to update lease accounting standards, including the status of the project and proposed new guidance. Specifically, it summarizes that (1) the FASB and IASB aim to develop a new standard to improve financial reporting of leasing transactions, (2) the exposure draft proposes a right-of-use model for lessees and a dual approach for lessors, and (3) outreach activities are being conducted to gather feedback on the proposals prior to issuing a final standard in 2011.
Entrepreneurial-spirited, technology-oriented operations executive with proven track record building and scaling operations to drive growth, deliver investor ROI, and position companies for acquisition. Expert in leveraging automation and business intelligence to inform decision making and operational, marketing, and product strategy development. Consistently develop and execute strategies that provide increased efficiency, contribution margin per customer, and customer retention at minimum cost. Readily architect right data sets to analyze specific areas of businesses in diverse domestic and international settings, and build metrics-focused teams and comprehensive, highly automated infrastructures to implement scalable solutions.
"Outsourcing and globalization have numerous benefits, but they have a significant downside—the proliferation of counterfeits and sales through unauthorized channels."
The document provides information about Tanushri Wahi, including her education, skills, projects, and work experience. She has a degree in product design and has worked on projects involving silver filigree crafts, bamboo products, self-watering systems, and products based on the poetry of Kabir Das. Her training has made her confident in using design thinking to solve various design problems.
El documento habla sobre la higiene, seguridad y salud ocupacional en el trabajo. Describe la importancia de un ambiente físico sano con buena iluminación, ventilación y temperatura adecuada, así como controlar los ruidos. También enfatiza la necesidad de buenas relaciones humanas, un estilo de gerencia democrático y eliminar fuentes de estrés para lograr un ambiente psicológico saludable. Además, recomienda aplicar principios de ergonomía mediante el uso de máquinas, equipos, mes
This document contains the questions and answers for a Jeopardy game covering various subjects including language arts, math, social studies, physical science, and earth science. There are $100-$500 questions on topics like parts of speech, fractions, US government branches, properties of light, and planets. The final Jeopardy question asks about the natural rights found in the Declaration of Independence, and the answer is the right to life, liberty, and the pursuit of happiness.
La Universidad Técnica Particular de Loja es una institución de educación superior ubicada en Loja, Ecuador. Fundada en 1981, ofrece programas de pregrado y posgrado en áreas como ingeniería, ciencias administrativas, educación y salud. Con más de 10.000 estudiantes, la UTPL busca formar profesionales comprometidos con el desarrollo sostenible de su región a través de la investigación y la innovación.
This presentation proposes an overall approach to community development, a step-by-step guide for community development, tips on specific community issues, and a set of tools for project leaders who are willing to organize, build and sustain an OSS community. This presentation includes concrete examples and real life use cases.
The document discusses the concept of #saifc, beginning with the question "késako" which means "what is it?" in French. It explores using natural language processing, machine translation, and sense-making to understand a continuous stream of information. It describes the roles of producers who generate content, and consumers who filter information based on their interests and acquired knowledge to make sense of the data. The goal is to create an AI-friendly environment focused on sense-making.
This document discusses how free and open-source software can help address major challenges in Green IT by reducing hardware and software waste. It outlines that Green IT has two phases: Green IT 1.0 focuses on reducing the footprint of information and communication technologies, while Green IT 2.0 uses ICT to create a greener world. FLOSS is presented as a way to extend hardware lifespan through re-use and refurbishing, reduce excessive software upgrades, help humanity share resources more efficiently, and provide an open collaborative model to solve large-scale problems like e-waste. The document argues public policy should recognize and promote these benefits of FLOSS for sustainability goals.
The document discusses open source software and innovation. It notes that open source has disrupted the software industry by being technically, economically, and strategically efficient. Open source is also an innovation driver where quality gains momentum. Big data, NoSQL databases, semantic data, and visualization tools are discussed in the context of supporting innovation. The OW2 Consortium provides long-term sustainability for open source technology innovation through technical support and governance.
The document provides information on joint ventures and foreign collaborations in India. It defines a joint venture as an association between two or more business entities who combine resources for common goals. Benefits of joint ventures include spreading costs and risks, improving access to finance, technology, and new markets. Recent examples of joint ventures in India are provided. Major issues in structuring joint ventures like capital structure, governance, intellectual property rights are highlighted. India's liberal foreign direct investment policy allowing up to 100% foreign ownership in most sectors is summarized. The legal and regulatory framework governing joint ventures is outlined.
This document provides an overview of foreign direct investment (FDI) policy and procedures in India. It defines key terms like resident, non-resident Indian, and person of Indian origin. It describes the different types of FDI, entities permitted to invest, instruments used, and the process for allotting shares to foreign investors. The document also outlines prohibited sectors for FDI, rules for investment in firms and limited liability partnerships, and procedures for transferring shares. It discusses recent changes to FDI regulations through the Finance Act of 2015.
Nangia Andersen HSBC Webinar on FEMA - Demystifying Business Challenges.pdfSandeep814482
The document provides an overview of key regulations and compliance requirements for corporates under FEMA including foreign direct investment, overseas direct investment, external commercial borrowings, liaison/branch/project offices, export/import of goods and services, and ESOPs issued by foreign companies. It discusses common issues that arise and regulatory guidelines. Non-compliance can result in penalties up to 3 times the amount involved or INR 2 lakhs if not quantifiable, and directors can be held liable if the contravention occurred with their consent or connivance.
The document summarizes the key aspects of investment in India by persons resident outside India from a tax and regulatory perspective. It discusses the different routes of investment including foreign direct investment, portfolio investment, and investment by non-resident Indians. It also outlines the various legal frameworks, policies, and documentation procedures governing these investments.
Companies (Listing of Equity Shares in permissible Jurisdictions) Rules, 2024HetalMaheshwari4
The document summarizes new rules that allow certain Indian public companies to directly list equity shares on international stock exchanges located in the Gujarat International Finance Tec-City - International Financial Services Centre in India (GIFT-IFSC). Eligible companies include unlisted and listed public companies that meet eligibility criteria. Listing can be done through an initial public offering or offer for sale. Only equity shares can be listed, and permissible exchanges include India International Exchange and NSE International Exchange. The rules establish restrictions, pricing guidelines, clarifications, potential benefits, and reporting requirements for companies utilizing this framework.
This document provides an overview of the key rules and regulations governing foreign direct investment, external commercial borrowings, and overseas direct investment in India. It discusses the various routes for raising foreign funds in India, including the foreign direct investment route, debt route, and overseas direct investment route. It outlines the sector-specific conditions, caps, eligible borrowers and lenders, pricing guidelines, and reporting requirements for each route. The document also examines some hypothetical case studies and structures typically used to raise foreign funds in India.
Foreign Direct Investment (FDI) is one of the most popular route for foreigners to start a company in India. This slide share would explain about FDI in private limited company.
Foreign portfolio investment (FPI) refers to foreign investments in Indian stocks, bonds, and mutual funds. Since 1992, India has opened up to FPI inflows which have provided a large source of non-debt creating private capital. FPI can help fill capital needs in developing countries and influence domestic markets. However, irregularities and lack of protections have caused declines as FPI becomes less active and domestic investors withdraw from markets. Proper regulations aim to balance attracting investment while controlling volatility.
The document discusses various types of depository receipts such as ADRs, GDRs, and IDRs. It provides an overview of the issuance process of depository receipts by foreign companies to raise capital globally and tap foreign markets. It explains key aspects like eligibility criteria for companies to issue depository receipts, the various regulations that govern such issuances, and the financial institutions and process involved in issuing different types of depository receipts.
PPT on ODI and Compounding_29.06.2019.pdfRajesh Yadav
This document provides information on overseas direct investments (ODI) by Indian parties:
- It outlines the top 10 destination countries for ODI from India over the past 3 years, led by Mauritius and Singapore. Manufacturing is the largest sector for ODI.
- It defines key terms related to ODI such as joint ventures, wholly owned subsidiaries, and real estate business. ODI can be undertaken through the automatic or approval route from RBI.
- Under the automatic route, total financial commitment for a single overseas entity cannot exceed 400% of the Indian party's net worth. Various methods of funding investments like equity, debt, and guarantees are discussed along with related limits.
Masala bonds allow Indian entities to raise money from overseas markets denominated in Indian rupees rather than foreign currency. This shields issuers from currency risk while transferring that risk to offshore investors. Eligible issuers include Indian companies, REITs, InvITs, and NBFCs. Investors must be from jurisdictions meeting certain FATF criteria. Minimum bond maturity is 3 years. Individual issuers are limited to raising $750 million equivalent per year through masala bonds. Indian regulators provide certain exemptions from prospectus requirements and other regulations for masala bond issuances. Key considerations for offshore investors include access limitations, settlement risk, potential arbitrage opportunities from currency movements, and liquidity concerns.
This document discusses challenges related to cross-border mergers and acquisitions under Indian law. It summarizes regulations from the Companies Act, Reserve Bank of India, and Foreign Exchange Management Act (FEMA) governing compensation, outstanding borrowings, assets, offices, and other issues. Key challenges include restrictions on foreign security issuances, foreign listings, repayment of non-compliant liabilities, and limited scope of activities allowed for foreign company branches in India. The transition periods and lack of capital gains exemptions for outbound mergers may also impact valuations.
Rationale behind the Act
Effective date of new Act
Applicability of the Act
Its size and nature
49 Sections
6 Rules
25 Regulations
Other related matters
This document provides an overview of investment fund structures in India and compliance requirements. It discusses various types of fund vehicles like offshore and onshore funds. It also covers key areas like choice of fund jurisdiction, documentation requirements, registration and approvals with Indian regulators, ongoing compliance, and certification needs. The presentation further elaborates on topics like different types of investors in India, tax implications, and investment structures for foreign venture capital investors.
The document summarizes key changes brought about by India's new Overseas Direct Investment Guidelines. It introduces definitions for key terms like foreign entity, overseas direct investment, and overseas portfolio investment. It liberalizes regulations by removing restrictions on investment write-offs and allowing more entities like unlisted companies and individuals to undertake overseas investments. The guidelines also expand the scope of permitted overseas investments in sectors like financial services. Overall, the changes aim to simplify regulations and promote ease of doing business for overseas investments by Indian persons and entities.
The document summarizes India's foreign direct investment policy. It outlines that FDI is regulated by the Foreign Exchange Management Act and RBI. There are two routes for FDI - automatic and government. Most sectors allow up to 100% FDI through the automatic route. Some sectors require government approval. There are also conditions on issue/transfer of shares and limits on disinvestment within one year. FDI is prohibited in certain sectors like retail, gambling, real estate development and printing of Indian currency.
The document provides an overview of foreign direct investment in India, including the regulatory framework, policies, and procedures for investment. It discusses the different routes for foreign investment (automatic vs. government), sectors that are restricted or prohibited, and documentation requirements. Key points covered include the consolidated FDI policy, regulations on issuing shares to foreign investors under the automatic route, and guidelines from the Foreign Investment Promotion Board for investments requiring approval.
Detailed write up on establishing of branch-liasion-project office in indiaMANOJ KUMAR KOYALKAR
This document provides details on the establishment of liaison offices, branch offices, and project offices in India by foreign entities. It discusses the entities entitled to open each type of office, application processes, eligibility criteria like track record and net worth, permissible and non-permissible activities, duration of permission, reporting requirements, and other guidelines. Key points include that liaison offices are limited to liaison activities while branch offices can undertake broader business operations. Project offices require a contract from an Indian company and approval from authorities. Remittance of profits is allowed for branch offices. Comprehensive procedures are outlined for each type of office.
Indian Depository Receipts (IDRs) allow foreign companies to raise capital from the Indian market. IDRs represent shares of a non-Indian company and are issued by a domestic depository in India. The first IDR issuance was in 2010 by Standard Chartered Bank, which raised Rs. 2490 crore. While IDRs provide benefits like access to the Indian market, there are also challenges like tax treatment and lack of fungibility between IDRs and underlying shares. The legal framework for IDRs needs further improvements to realize their full potential.
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LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
How to Make a Field Mandatory in Odoo 17Celine George
In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
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The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
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Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
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2. Agenda
• Provisions of FEMA,
1999 and Applicable
Regulations
• Types of Investments –
Prohibited / Regulated
/Permitted
• US$ 25,000 Scheme
12/3/2013
– JV/ WOS
– Investments by
Employees
– Portfolio Investments
– Agricultural operations
overseas
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3. FEMA provisions
• Overseas Investments is a Capital account transaction
• Hence prohibited unless permitted – generally or
specifically - Section 6
• RBI empowered by Section 6(2) to specify permissible
capital account transactions.
• FEM (Permissible Capital account transactions)
Regulations issued in 2000. – Schedule I lists 11 capital
account transactions, of which ODI is # 1
• Notif # 19 issued in 2000, replaced by Notif # 120
dated July 7, 2004, as amended.
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4. Important Definitions
•
•
•
•
•
•
•
•
Foreign Security – Section 2(o)
Direct Investment outside India – Reg 2(e)
Financial Commitment – Reg 2f)
Indian Party - Reg 2(k)
Net worth - Reg 2(o)
Real Estate Business - Reg 2(p)
JV / WOS - Reg 2(m)/ 2(q)
Host Country - Reg 2(j)
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5. Prohibited Investments
• Reg 5 (2)
– All “Indian Parties” prohibited from
investment in a foreign entity engaged in –
• Real estate Business
• Banking Business
• Reg 5(1)
– All residents not to make direct investment
o/s India – except with general / specific
approval
• Reg. 3 of Notif 120
– All persons resident in India prohibited from
issuing foreign security – except with RBI
approval
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6. General Permission
• Reg 4 / Para A 4
• General permission granted to
residents for
– Purchase / acquisition of
foreign securities and sale
thereof
• Out of funds held in RFC account
• As bonus shares on securities
already held
• Out of their Foreign Currency
Resources outside India
(when not permanently resident in
India)
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7. Direct Investment o/s India –
Automatic Route - Reg 6
• Who can invest?
–
–
–
–
Company incorporated in India
Body created under Act of Parliament
Partnership firm regd under Indian Partnership Act
Other entity as notified by RBI
• Effective 27/3/2006, proprietary / unregistered
partnership firms which are star export houses are also
permitted – subject to RBI approval – Form ODI –
Conditions as per Annex to circular dt 27/3/2006
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8. Direct Investment o/s India –
•
•
•
•
•
•
Automatic Route - Reg 6
Indian party permitted to make investment in
overseas JV/WOS
To submit Form ODA to designated branch of
AD
Limit: 200% of Net Worth as on date of last B/s
Ceiling NA for investments out of EEFC a/c or
funds raised thru ADRs/GDRs.
Investment in Nepal/ Bhutan only in INR
Investment in Pakistan not permitted under
automatic route
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9. Direct Investment o/s India –
Automatic Route - Reg 6 – Contd.
• Limit will include capital contribution in / loans granted
to JV/ WOS, and 50% of guarantees issued to / on
behalf of JV/WOS.
• Conditions:
– Loan / Guarantee may be given only to an overseas concern in
which it has equity participation.
– Investor should not be on RBI’s caution list / list of defaulters
to banking system or under investigation
– All transactions to be routed thru one branch of AD.
– For acquisition of existing foreign co. – share valuation
required from Cat 1 Merchant Banker ( > US$ 5 Mn), or
CA/CPA (< US$ 5 Mn)
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10. Direct Investment o/s India –
Automatic Route - Reg 6 – Contd.
• Investment by swap of shares –
– Valuation only by Cat 1 Merchant Banker/approved
investment banker from host country
– FIPB approval MUST
• Investment by a firm – shares in JV/WOS may
be held by individual partners if warranted by
host country regulations
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11. Direct Investment o/s India –
Automatic Route - Reg 6 – Contd.
• Funding:
– Drawal of FX from AD
– Capitalisation of export
proceeds
– Swap of shares
– Proceeds of ECB/ FCCB
– Balance in EEFC a/c*
– Proceeds of ADR/ GDR
issue*
* Limit of 200% NA, except for
investment in financial sector
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12. Direct Investment o/s India –
Automatic Route - Reg 6 – Contd.
• Capitalisation of export
proceeds
– Dues from foreign entity
towards exports, fees, royalties
or other entitlements – dues >
6 months need prior RBI
approval for capitalisation
– Software exporters can get
25% of value of exports to
overseas software co in form
of shares without entering into
JV agreements – with RBI
approval.
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13. Share Swap – Reg 8
• Indian parties which have already made
ADR/GDR may acquire shares of FC in same
core activity under Scheme / guidelines
• Conditions –
– ADR /GDR listed on any stock exchange o/s India
– Max – higher of (a) US$ 100 Mn; (b) 10 times export
earnings in preceding financial year (including
automatic investments in same financial year)
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14. Share Swap – Reg 8
– ADR/GDR issue for purpose of acquisition is
backed by fresh equity shares of Indian party.
– Holding in Indian entity does not exceed sectoral
caps for FDI
– Valuation as per recommendation of investment
banker (for unlisted shares) or current market cap
based of last three months average price on stock
exchange
– File ODG within 30 days
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15. Guarantees
• Till 27/3/06 – Only corporate promoters
could offer guarantees for JV/WOS
• Now – all Indian entities may offer any form
of guarantee – corporate/ personal /primary /
collateral – by promoter / group company /
sister concern / associate companies
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16. Guarantees- Contd.
• Conditions:
– All financial commitments within prescribed ceiling
(currently 200% of net worth of Indian party)
– No guarantee should be open ended – i.e. max
amount to be specified upfront
– To be reported to RBI in Form ODR
• Guarantees by Indian banks in favour of the JV/
WOS outside these limits, and subject to usual
prudential norms of RBI.
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17. Portfolio Investments
• Corporates– Listed Indian co’s can invest in shares of companies
listed on recognised stock exchange and which has at
least 10% holding in an Indian listed company
– Also permitted to invest in bonds / fixed income
securities of such companies
– Max – 25% of Indian co’s net worth
• Individuals– Same as corporates – except no monetary limit
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18. Portfolio Investments
• Mutual Funds– Can invest in ADR /GDR of Indian co’s rated debt
instruments and also in equity of overseas
companies as specified for corporates
– Overall cap of US$ 1 billion
– SEBI approval required
• General permission in each of the above cases for sale of
securities so acquired
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19. Financial Services SectorsAdditional Conditions for Indian party
•
•
•
•
Shd be regd with appropriate regulatory authority
Shd have earned net profit during preceding 3 financial years
Approval obtained from regulatory authorities in India and abroad
Fulfilled prudential norms relating to capital adequacy norms as
prescribed by regulatory authority
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20. Approval Route
• Cases not covered above
• Apply in Form ODB to RBI – for same core
activity in exchange of ADR/GDR > $ 100 Mn
/ 10 times export earnings / for acquisition of
shares a co o/s India
• Apply in ODI in other cases.
• RBI will examine prmia facie viability of
JV/WOS, and similar other points etc
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21. Post investment changes
• JV/WOS may diversify its activities / set up step
down subsidiaries / alter shareholding pattern
• To be reported by JV/WOS to RBI within 30
days from approval of those decisions by the
relevant competent authority
• To be mentioned in APR
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22. Tender / bidding acquisition
• Reg 14
• Remittance of EMD / bid bond guarantee
permitted
• Subsequent remittance also permitted
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23. Obligations/Rights of Investor
• To receive share certificates / other evidence of
investment
• Repatriate all dues receivable from foreign entity
• Submit APR –
As per Reg 15
• May pledge shares to JV/WOS to an AD in
India for credit for Indian party / JV/WOS –
Reg 18
• Hedging of exchange risks of investment
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24. Disivestment from JV/WOS
• May transfer to another Indian party which complies
with conditions of Reg 6 or to a non resident
• Subject to conditions / requirements listed
• Indian listed companies may disinvest resulting in write
off of capital invested, subject to 10% of previous
year’s export realisation*
• To apply to RBI in other cases
• * Effective 2732006, “write off” permitted in folowin
cases:
– JV/ WOS listed in overseas stock exchange
– Indian promoter listed and having net worth > Rs 100 crs.
–
12/3/2013 Indian promoter unlisted and investment < US$ 10 Mn.
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25. Other investments
•
•
•
•
•
Acquire foreign securities as a gift from PROI
Acquire shares under cashless ESOS
By inheritance from PRII / PROI
Acquire shares under ESOPs
Qualification shares – 1% of paid up capital
(upto US$ 20,000)
• Rights shares – provided original holding as per
prevailing law
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26. Overseas Branches
• Remittance upto 10% / 5% of average annual
sales / income / turnover during last two
accounting years for initial and recurring
expenses of foreign branches.
• Before 21st April, 2006 limit was 2% & 1%
respectively.
• Other conditions as per circular 54 dated 29th
June, 2002.
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27. US $ 25,000 Scheme
• An individual resident in India is permitted to remit up to US $
25,000 per calendar year for any legal and lawful purpose
without obtaining prior permission of RBI. The individual can
use said facility for any current or capital account transaction,
acquisition of any movable and/or immovable property or
opening of a bank account outside India.
• However, remittances cannot be made to Bhutan, Nepal,
Mauritius or Pakistan or countries identified as "non cooperative countries and territories" by the Financial Action Task
Force. Currently, the countries where investment cannot be
made are Myanmar, Nauru, Nigeria. The updated list can be seen
at the website of FATF - http://www.fatf-gaf
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27
28. Overseas Agricultural Operations
• Indian company or a partnership firm registered
under the Indian Partnership Act, 1932 are
permitted to undertake agricultural operations
including purchase of land incidental to such
activity. Inv28estment can be made either
directly (through a branch) or through an
overseas subsidiary/joint venture.
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28
29. Member of the ICSI, Chartered Institute for Securities & Investment (CISI), London,
and Economics Graduate. In my Career span have worked with Corporate, Merchant
Bankers, Subsy of Stock Exchanges, NBFCs, Stock Brokers. My area of operations
covers Heading of Compliance Division of Listed Companies, Project Financing,
Private Placements of Securities, Banking, Managing IPOs, Right Issues, Bonus Issue,
Listing of Bonds, Merger and Cross Border Takeovers.
I also have associated with prominent intuitions for research and developments. Have
worked with MCA on Companies Bill and with MCX-SX ( India’s leading Currency
Exchange) for Risk Management & Compliance Framework.
12/3/2013
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29