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Direct Investment with repatriation benefits What are the schemes available to NRIs for direct investments in India with repatriation benefits?

April 26, 2017Benefits India Investment investments NRIs Repatriation Schemes

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Direct Investment with repatriation benefits What are the schemes available to NRIs for direct investments in India with repatriation benefits?

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• NRIs can make investments in new issues of shares/convertible debentures of Indian companies under direct investment schemes such as 24% scheme/40% scheme/100% scheme. They can also invest in the schemes of domestic Mutual Funds floated by public/private sector institutions/companies and bonds issued by public sector undertakings. Non-resident investors are not required to apply for permission to invest but the company concerned will have to obtain permission from Reserve Bank.