RBI A.P.(DIR Series) Circular No. 16 dated 15 September 2011
Credit of sale proceeds of Foreign Direct Investments in India to NRE-FCNR (B) accounts-Clarification-In terms of Regulation 11 of the Notification No.FEMA.20 dated 3.5.2000 as amended from time to time, the sale proceeds can be remitted by a person re [LexDoc Id : 416554]
RBI
2011
RBI A.P.(DIR Series) Circular No. 15 dated 15 September 2011
Exchange Earners Foreign Currency (EEFC) Account and Resident Foreign Currency (RFC) account-Joint holder - liberalisation-Reserve Bank has now permitted resident individuals to open RFC/EEFC account jointly with their resident close relative (relative as defined in Sectio [LexDoc Id : 416553]
RBI
2011
RBI A.P.(DIR Series) Circular No. 14 dated 15 September 2011
Liberalisation-Foreign investments in India-Reserve Bank has enhanced the value of security from USD 25,000 to USD 50,000 per financial year which can be gifted by a person resident in India to [LexDoc Id : 416552]
RBI
2011
RBI A.P.(DIR Series) Circular No. 13 dated 15 September 2011
Liberalisation-NRIs-PIOs holding NRE- FCNR(B) accounts jointly with Indian resident close relative-Reserve Bank has now permitted Non-Resident Indians/Persons of Indian Origin to open NRE / FCNR(B) account jointly with their resident close relative [LexDoc Id : 416551]
RBI
2011
RBI A.P.(DIR Series) Circular No. 12 dated 15 September 2011
Savings Bank account maintained by residents in India-Joint holder - liberalisation-Reserve Bank has now permitted the resident account holder to open the S.B. Account jointly with close relative(s) who are Non-Resident Indians or P [LexDoc Id : 416550]