Transfer of shared of an Indian Company from a non resident to a non resident

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..... Transfer of shared of an Indian Company from a non resident to a non resident
Query (Issue) Started By: - Sanjeev Sharma Dated:- 11-4-2010 Last Reply Date:- 13-4-2010 FEMA
Got 1 Reply
FEMA< .....

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..... br>Whether any permission is required from FIPB or RBI for Transfer of shares of an Indian company from a non resident to a non resident ? How the valuation and withoding tax aspect to be done ?? Repl .....

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..... y By Rama Krishana: The Reply: It appears that as such there is no restriction on transfer of shares from a non resident to another non resident of an India company as per FEMA regulations or FDI poli .....

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..... cy. For more details, you should refer to latest consolidated FDI policy paragraph no. 3 = http://www.taxmanagementindia.com/site-map/fema/detail_circular.asp?ID=8033
Discussion Forum - Knowledge .....

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..... Sharing .....

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