Quick Reference to ” Modes of Payment allowed for receiving FDI in the Indian Company ” :-<\/p>\n
# The Indian Company issuing Securities to a Resident Outside india cam receive payment of Consideration through :-<\/p>\n
1. Normal Banking Channels ( Inward Remittance through banks ).<\/p>\n
2. Debit to NRE Account ( Non Residdnt rupee A\/c ).<\/p>\n
3. Debit to FCNR ( B ) ( FCNR = Foreign Currency Non-Repatriable account ).<\/p>\n
4. Debit to Escrow ( Non interest bearing account with approval of AD Category I bank )<\/p>\n
5. Through Conversion of Royalty or Know – how fees.<\/p>\n
6. Conversion of Import Payables with approval of FIPB.<\/p>\n
7. Swap of Capital Instrument ( Govt. Approval is required) .<\/p>\n
8. Conversion of Pre- Incorporation Expenses with approval of FIPB.<\/p>\n
** Note:-<\/p>\n
The Shares or Convertible Securities Should be issued within 180 days from the receipt \/ Collection of Inward Remittance or Date of Debit to NRE or FCNR ( B ) \/ ESCROW account otherwise amount shall be refunded.<\/p>\n","protected":false},"excerpt":{"rendered":"
Quick Reference to ” Modes of Payment allowed for receiving FDI in the Indian Company ” :- # 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 […]<\/p>\n","protected":false},"author":2,"featured_media":52,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company"],"yoast_head":"\n