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Dividend from a foreign subsidiary

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 November 2011 Are there any restrictions regarding remittance/receipt of dividend from a Foreign Subsidiary in Hong Kong for an Indian Holding Company?
What is the procedure to be followed?
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CS Bijoy

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CS Bijoy (Expert)
02 December 2011 Remitance should be made within the prescribed period as given in FEMA Regulation and information should be given to the RBI.

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