Foregin exchange management act
This query is : Resolved
03 December 2011
Can an NRI become a partner in a firm carrying on business of civil construction.
Please guide on this
Please guide on this
04 December 2011
There are no restrictions. The income out of this business should be through NRO account. It can not be deposited in NRI account. Please also see the following link:
http://www.nriindia.net/start-business-in-india.html
http://www.nriindia.net/start-business-in-india.html
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