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Back to Top of Index Question-51: Are any formalities required to be completed by NRIs for getting the benefit of the above general permission ?

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Back to Top of Index Question-51: Are any formalities required to be completed by NRIs for getting the benefit of the above general permission ?

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No. However, the firms/companies concerned are required to file a declaration with Reserve Bank in a specified form giving particulars of the investments made within ninety days from the date of investment.

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