Investment in 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. :)

Vishal D Shah

Vishal D Shah (Expert)
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13 December 2013 There are various ways and limits to bring money in India. You may refer to FEMA notifications and various FEMA circulars. There is book by taxmann on FEMA .