Repatriation of Capital Invested in India
Repatriation of investment made in India with the approval of the Government/Reserve Bank of India ('RBI') is permissible (except when the investment is permitted on the specific condition that it will not be eligible for repatriation), provided the disinvestment has also been made with the approval of the RBI or as per RBI guidelines. Actual remittances are permitted subject to fulfillment of conditions as to quantum and installments of repatriation etc., if any, as may be applicable from time to time. |