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March 2015

A. P. (DIR Series) Circular No. 77 dated February 12, 2015

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform

This circular states that on and from February 19, 2015 recipients of FDI can now file the following returns using the e-Biz portal with RBI: –

1. Advance Remittance Form (ARF) – used by the companies to report the foreign direct investment (FDI) inflow to RBI.

2. FCGPR Form – which a company submits to RBI for reporting the issue of eligible instruments to the overseas investor against the above mentioned FDI inflow.

This online reporting on the e-Biz platform is an additional facility provided to Indian companies to undertake their ARF and FCGPR reporting and the manual system of reporting will also continue till further notice.

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