NRI
According to the guidelines of the Reserve Bank of India ( RBI), NRIs wishing to invest in shares in India through a stock exchange must have a bank account with the specified branch of any approved dealer (bank) sanctioned by Reserve Bank (NRE)/NRO (Non-Resident Ordinary)/PIS (Portfolio Investment Scheme). With India being one of the world’s fastest growing economies, the Indian economy has drawn many business owners, investors and firms into setting up a company, purchasing a company and investing in the stock economy. Indian markets have a favorable business climate and versatile regulations for any foreign company to set up its India base.Government has further raised the Non-Resident Indians (NRIs) Foreign Direct Investment ( FDI) limit to 100 per cent to attract more NRI investment in India.
Frequently Asked Questions
Non-resident Indian (NRI) means a "person residing outside India who is a citizen of India or a person of Indian origin"[as recommended by FEMA]
In the case of NRI / PIO, if the shares sold were kept on a repatriation basis,the selling proceeds (net of taxes) can be attributed to the NRI / PIO's NRE / FCNR(B)/NRO accounts, while non-repatriable investment proceeds can only be attributed to NRO accounts.
No, NRI Investor is expected to take delivery of purchased shares and offer delivery of sold shares. Short Selling is not allowed.
Yes, NRIs are permitted to invest on a non-repatriation basis in futures & options segment of the exchange from Rupee funds held in India,
subject to the limits prescribed by SEBI.
Yes, It is the NRI 's duty to notify the approved permitted dealer branch of the change of status.
Why Select Us?
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TIMELINE
Our foremost priority is to provide Instant Support and are always very particular on adherence of timely delivery so that you don’t miss out on deadline. We have worked with some most time strict clients and we have never missed our target. Our one thumb rule says that “If we miss a deadline we are out”. Accounts and Finance function need always alert eagle eye approach!
MINIMUM
COST
Our prices are most reasonable and under budget that you never realize any cost burden in your organization in comparison of value addition we bring in. We believe in adoption of your business first and fee shall take care of itself mantra. We never bill for disappointment and take ownership. It is how we like to be treated and that is how our customers are served.
ONE STOP
SOLUTION
We at AVS & Associates only recruit experienced, skilled professionals who have proven expertise in their field. With a diverse Team of Chartered Accountants, Company Secretaries, Lawyers, and various other consultants on board, we offer end to end financial and legal service under one roof saving time and energy and bring synergy effect between various functions.
TRUST & RELIABILITY
Having over 20+ years experience in the leadership team ensure we maintain highest ethical standards and never go out of trust with you. We always believe in long term relationship with our clients hence integrity is something we value the most. We ensure transparency in communication, service and cost. Our specialized experts helps in maintaining high quality.
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