Conversion of non-repatriable equity into repatriable equity under the automatic route

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..... eign exchange on non-repatriable basis was allowed to be made fully repartiable whereas investment made in India rupees through rupee account continued To remain non-repatriable. 2. Proposal for conversion of NRI investment into repartriable equity are hitherto being considered by the FIPB for approval.This Procedure has been reviewed in the context of various liberalization measures taken b .....

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..... No 5/20/2005-FC dated August 31,2005. Copy forwarded to 1. Press Information Officer Press Information Bureau- for giving wide Publicity to the above Press Note. 2. IP ID Cell for Posting the above press Note on the Department"s wwebsite. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

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