WebMar 17, 2024 · Transfer of shares must be reported in Form FC-TRS to RBI through an AD bank within 60 days of receipt/remittance of sale consideration. The onus of submission of the said Form FC-TRS is on … WebSep 1, 2024 · There is no fee for filing FC-TRS through the e-biz portal. The obligation of filing form FC-TRS lies on the transferor/transferee whosoever is resident in India. …
Filing of FC-TRS – Reporting to Reserve Bank of India - TaxGuru
WebIntroduction-Reporting of FDI Form FC-GPR: Issue of capital instruments by an Indian company to a person resident outside India- with in 30 days from the date of issue Form FC-TRS: Transfer of capital instruments between a person resident outside India and a person resident in India-with in 60 daysfrom the date of transfer or receipt of funds, whichever is … WebOct 14, 2024 · 1) Form Foreign Currency-Gross Provisional Return (FC-GPR): An Indian company issuing equity instruments to a person resident outside India and where such issue is reckoned as Foreign Direct Investment, defined under the rules, shall report such issue in Form FC-GPR, not later than thirty days from the date of issue of equity instruments. office sleeper padded chair
FC-TRS Reporting I FCTRS Reporting I Compliance Hands
WebDec 10, 2024 · Detailed steps as to how to file Form FC-GPR with RBI: Now that all the above information and documents are obtained, The Form FC-GPR can be filed using the following steps: Step 1: Registration for Business User. Step 2: Logging in to firms. Step 3: Logging in to SMF and reach out to your workspace. Step 4: Select the Return type. WebJan 30, 2024 · Last year, the Reserve Bank of India (RBI) overhauled India's foreign investment regime by issuing the Foreign Exchange Management (Transfer and Issue of Security by a Person Resident Outside India) Regulations 2024 (FEMA 20). Our analysis of the key changes introduced by FEMA 20 is available here. WebForm FC-GPR (or ‘foreign currency gross provisional return’) is filed by an Indian company when it issues fresh shares to a foreign entity; Form FC-TRS (or… my dog follows me