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May 2015

A. P. (DIR Series) Circular No. 95 dated April 17, 2015

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

This circular provides details of the financial aspects necessary for using the Virtual Private Network (VPN) accounts obtained from National Informatics Centre (NIC) by banks for accessing the e-Biz portal of the Government of India. This e-Biz portal is to be used for reporting of Advanced Remittance Form and FCGPR Form under the FDI scheme.

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