Repatriation of money into india by nri

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JAY THAKKAR (Querist)
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12 December 2013 A NRI wants to bring money into India for investing in India. In relation to this my question is:-

1)Now i just wanted to know whether there is any maximum limit to such transfer to India.

2)What are the legal formalities that are required to be fulfilled as per RBI/ FEMA norms.

3)Also what are procedure as per Income Tax Act.

From where should i get these details i mean which books should i refer.

Kindly help me.
Thanks. :)

Ajay Mishra

Ajay Mishra (Expert)
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12 December 2013 confirm that investment in company or other.

JAY THAKKAR

JAY THAKKAR (Querist)
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12 December 2013 Thanks Mr. Ajay for reply.

The said Investment is in company by way of Equity Investment.

Also what are position if investment is in others?

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Ajay Mishra

Ajay Mishra (Expert)
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12 December 2013 Go to my article, it will help you:

https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp#.UqmEGReWaDM