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Foreign Direct Investment – Reporting under FDI Scheme on the e-Biz platform

With a view to promoting the ease of reporting of transactions under foreign direct investment, under the aegis of the e-Biz project of the Government of India has enabled online filing of the Foreign Currency Transfer of Shares (FCTRS) returns for reporting 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.

RBI on Friday the 21st day of August, 2015 issued Circular No 9 relating to reporting under the FDI Scheme on the e-Biz platform. The said circular can be accessed at the link given below:

Foreign Direct Investment Reporting under the FDI Scheme on the e-Biz platform.

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