Buying shares in a foriegn county
This query is : Resolved
30 May 2012
Can A person Buy Shares in a foreign country staying there more than 1 year and having a Bank Account in the same country.If yes then wat are the formalities required for the same issue.
31 May 2012
Yes. Indian residing overseas can invest in foreign company shares.
LRS scheme is available for investment upto USD 2 mn per financial year to resident individual.
LRS scheme is available for investment upto USD 2 mn per financial year to resident individual.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- REGARDING GST ON COMMERICIAL PROPERTY
- Form 26QB for TDS on property
- GST Annual Returns filing due date
- Regarding Form 15CA & CB
- Payable outstanding for years disallowance
- Residential status for filling income tax returns in India
- GST rate for millets.
- DTCP approval
- BLOCKED-INELIGIBLE GST CREDIT
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
