Anjali (Accounts) 30 November 2008

rbi permission for projects abroad

my co has got a project in russia , how do i get rbi permission for the same

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7 Replies

Manish Singh (Advocate) 01 December 2008

Your query is neither clear not specific.

But in general please go through the following : Foreign Exchange Management (Transfer or Issue of Any Foreign Security) (Amendment) Regulations, 2004 ;

Notification No. FEMA 120/ RB-2004 dated: July 7, 2004

Manish Singh (Advocate) 01 December 2008

Recent notification : July 01, 2008 : Master Circular – Direct Investment by Residents in Joint Venture (JV)/Wholly Owned Subsidiary (WOS) abroad

Manish Singh (Advocate) 01 December 2008

and otherwise if that dosnt stisfies you go through these regulations : Notification No. FEMA 23/2000-RB dated 3rd May 2000, , A. P. (DIR Series) Circular No. 32 dated October 28, 2003. and RBI/2006-2007/227

A. P. (DIR Series) Circular No. 26

Manish Singh (Advocate) 01 December 2008

and otherwise if that dosnt satisfy you go through these regulations :

Notification No. FEMA 23/2000-RB dated 3rd May 2000, , A. P. (DIR Series) Circular No. 32 dated October 28, 2003. and RBI/2006-2007/227 A. P. (DIR Series) Circular No. 26

Anjali (Accounts) 01 December 2008

what is FEC account , how do i get permission for the same

Shikher Chandra (Government Service) 17 December 2008

needn't go on specs

naives (Manager) 16 October 2013

Man Singh ji, could you also advice on how to get RBI's permission if I want to buy agricultural land in India being a PIO. I have not been able to find some practical advice on how to contact them, fees and formalities and duration it takes to be authorised etc. Kindly help.thanks