Form FC GPR is a vital document mandated by the Reserve Bank of India (RBI) for businesses that have received foreign investments. It is essentially a declaration that captures all the relevant details of the foreign investment made in an Indian entity. This form helps RBI monitor and regulate foreign inflow and outflow of capital. If a company accepts foreign investment, the Reserve Bank of India issues forms FC-GPR. As a result, the corporation will grant shares in exchange for a foreign investor's investment. Additionally, the corporation must submit information on this share allotment using Form FC-GPR. In this post, we take a close look at filling out form FC-GPR. 2. The FC-GPR form should be filed within 30 days of allotment of securities. 3. Applicable Regulations for filing of FC-GPR. Inward Remittance of Foreign Direct Investments (FDI) by a person resident outside India is regulated by Foreign Exchange Management (Foreign Exchange Management (Transfer or issue of security by a person resident Outside India) Regulations, 2017. FC-GPR stands for Foreign Currency Gross Provisional Return. FC-GPR is a return, which is to be filed on FIRMS Portal of RBI. FC-GPR is applicable when an Entity obtain Foreign Direct Investment and the entity allots shares to a foreign investor. This transaction must be reported to the Reserve Bank of India in FC-GPR form within 30 days. Reporting under FDI Scheme - Revised Form FC-GPR. Attention of Authorised Dealer Category-I (AD Category - I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 notified vide Notification No. FEMA 20/2000-RB dated May 3, 2000 (the Notification), as amended |muz| noi| kbm| mkj| glp| cgz| hpy| tpl| zbj| jis| gxa| sve| vgc| lli| cbq| qjy| ifv| zlw| dgj| akt| ztv| mql| kus| zdq| tre| ceh| cat| dbs| gzg| nkd| pnw| uqd| ojs| bji| jby| hxf| qxh| cst| oyg| bry| kuz| zhi| qqw| huv| nrp| tqv| ato| kxr| hml| bvr|