Facilities Under FEMA to a Person who is not Resident in India

  • 100

Book Description

To a large extent, the conversion of FERA into FEMA has created an atmosphere for non-residents to avail various facilities in India. A systematic and careful study of such innovative developments will help the Non-Residents to reap the fruits of LPG and better their footings in India. The efforts are made in the book for providing reasonable material for the readers for systematic study and understanding the different facilities available in India to Non-Residents.

Important Contents:
•    “Person Resident Outside India”
•    PIO Card
•    Classification of Transactions Under FEMA
•    Opening of Accounts by Non-Residents in India
•    Eligible Funds for Opening Accounts
•    Operations on the Accounts
•    Payment For Acquisition of Immovable Property in India
•    Eligibility for Investments In India
•    Prohibitions
•    Portfolio Investment Scheme (PIS)
•    Investment by Qualified Foreign Investors in listed Equity Shares
•    Foreign Portfolio Investor Scheme (FPI)
•    Purchase of other securities by NRIs
•    Purchase of other securities by QFIs

ISBN – 13 : 978-8193458013

Author Detail

  • Author Name

    Kishor Bhatt


    Mr. Kishor H Bhatt is B. Com. (Hons.), LL.B., C.A.I.I.B. and a Chartered Member of The Chartered ...

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