Note - New FCGPR form (only for old part B) is announced in July 2011 by circular 45 of RBI which is attached below here. Part A remains the same, only annual return substitutes part B 1. consultation & advisory 2. fdi and fcgpr (automatic route and permission route) 3. audit of forex dealers authorised by RBI 4.other incidental matters. |
Fema FCGPR FDI
fcgpr-new-company-at-face-value-shares
new amendment of around oct 2012 by rbi states that shares can be issued at face value for new companies by non-resident subscribers (including nris) more clarity is awaited. |
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