The Indian Company issuing Securities to a Resident Outside india cam receive payment of Consideration through :-
1. Normal Banking Channels ( Inward Remittance through banks ).
2. Debit to NRE Account ( Non Residdnt rupee A/c ).
3. Debit to FCNR ( B ) ( FCNR = Foreign Currency Non-Repatriable account ).
4. Debit to Escrow ( Non interest bearing account with approval of AD Category I bank )
5. Through Conversion of Royalty or Know - how fees.
6. Conversion of Import Payables with approval of FIPB.
7. Swap of Capital Instrument ( Govt. Approval is required) .
8. Conversion of Pre- Incorporation Expenses with approval of FIPB.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 100,000 Members, Free/Easy/Comfortableway
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 100,000 Members, Free/Easy/Comfortableway
