Dividend from a foreign subsidiary
This query is : Resolved
Querist : Anonymous
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?
What is the procedure to be followed?
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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