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October 2015

A. P. (DIR Series) Circular No. 9 dated August 21, 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 from August 24, 2015 Form FCTRS (Foreign Currency Transfer of Shares) pertaining to transfer of shares, convertible debentures, partly paid shares and warrants from a person resident in India to a person resident outside India or vice versa can be filed online on the eBiz portal of the Government of India. This facility for online filing is an additional facility and the manual system of reporting will continue till further notice.

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