Guide to .. Tax Management ,Tax Planning and Tax Saving
 

Introduction - RFC Account Of A Returning NRI And Investment Abroad

[RFC account of a Returning NRI and Investment Abroad]

An NRI returning to India permanently at some time and becoming a resident in India is interested in knowing the types of Foreign Currency Accounts which he can maintain in India. Similarly, he will also be interested in knowing Regulations regarding direct investment in foreign currency securities other than by way of direct investment. The first types of Regulations are contained in Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) Regulations, 2000. The other set of Regulations regarding an investment by a returning NRI in India becoming a resident or any other resident person abroad are contained in Foreign Exchange Management (Transfer or Issue of any Foreign Security) Regulations, 2000. Both these Regulations came into force from 1.6.2000. The salient features of both these Regulations are analysed in this chapter. (For the latest Regulations please refer to the RBI.)

 
RFC account of a Returning NRI and Investment Abroad
1. Introduction - RFC Account Of A Returning NRI And Investment Abroad
2. Opening, Holding And Maintaining A Resident Foreign Currency (RFC) Account
3. Tax Haven For Returning Indians Via RFC Account
4. Exchange Earner’s Foreign Currency (EEFC) Account
5. Direct Investment Outside India By A Returning NRI Or A Resident In India
 
 
 
 
Get.. Tally.ERP9 Book + GST Practical Assignment @ Rs.550 Tally.ERP9 Book Online Order Tally.ERP9 Book Content
 
© 2018 : IncomeTaxManagement.Com