1. PORTFOLIO INVESTMENT
   SCHEME IN SHARES & DEBENTURES THROUGH STOCK EXCHANGE

The NRIs  are permitted to invest under portfolio investment scheme subject to following conditions:

1. The payment for purchase of shares and debentures is received through an inward remittance in foreign exchange or by debit to the investor's NRE/FCNR account.
2. The investment should be made through a registered broker on a recognised stock exchange.
3. The NRI should route all transactions relating to purchase and sale of shares / convertible debentures through a designated branch of an authorised Dealer (Generally a Bank Branch).
4. The paid-up value of shares of and each series off convertible debentures of an Indian company, purchased by each NRI both on repatriation and on non-repatriation basis, should not exceed 5 percent of the paid-up value of shares / each series of convertible debentures respectively issued by the company concerned.
5. The aggregate paid-up value of shares and each series of convertible debentures of a company purchased by all NRIs/OCBs should not exceed 10% of the paid-up capital / each series of convertible debentures respectively of the company. This limit of 10% may be raised of 24% if a special resolution to that effect is passed by the General Body of the Indian company concerned.
6. The NRI investor should take delivery of the shares purchased and gives delivery of shares sold.
7. The net sale / maturity proceeds (after payment of taxes) of such securities shall be allowed to be remitted abroad or at his/its option credited to NRE / FCNR/ NRO account.

2. FOREIGN DIRECT INVESTMENT(FDI) SCHEME
   (Investment in equity shares, Preferance shares, Convertible Preferance shares and Convertible debentures)

A non-resident Indian or a non-resident person of Indian origin (not being citizen of Bangladesh/Pakistan/Sri Lanka) or an OCB ( not incorporated in Bangladesh/ Pakistan ) may purchase equity shares, Preference shares, Convertible Preference shares and Convertible debentures of an Indian company

1. Two routes
   1. Automatic route which requires only reporting to the RBI.
   2. Approval of Secretariat for Industrial Assistance (SIA) / Foreign Investment Promotion Board (FIPB).

We advice on such Investment for which the details will be provided on request.

3. DOMESTIC MUTUAL FUNDS
4. GOVERNMENT COMPANIES
   (Public Sector Undertaking) BONDS AND SHARES
5. GOVERNMENT SECURITIES
   (OTHER THAN BEARER SECURITIES)/ TREASURY BILLS

1. A NRI/OCB may, without limit, purchase on repatriation basis.
2. The payment for purchase consideration is received through an inward remittance in foreign exchange or by debit to the investor's NRE/FCNR account.
3. No permission is required to purchase or sale of units. Provided the transfer/sale are arranged through registered stock broker or a recognised stock exchange or tender units of Mutual funds to the issuer for repurchase or for payment of maturity proceeds or tender Government security /treasury bills to the RBI for payment of maturity proceeds
4. The net sale / maturity proceeds (after payment of taxes) of such securities shall be allowed to be remitted abroad or at his/its option credited to NRE / FCNR/ NRO account.

1. PORTFOLIO INVESTMENT SCHEME IN SHARES AND DEBENTURES THROUGH STOCK EXCHANGE

The NRIs are permitted to invest under portfolio investment scheme subject to following conditions:

1. The payment for purchase of shares and debentures is received out of funds held in NRO account or through an inward remittance in foreign exchange or by debit to the investor's NRE/FCNR account.
2. The investment should be made through a registered broker on a recognised stock exchange.
3. The NRI should route all transactions relating to purchase and sale of shares / convertible debentures through a designated branch of an authorised Dealer(Generally a Bank Branch).
4. The paid-up value of shares of and each series off convertible debentures of an Indian company, purchased by each NRI both on repatriation and on non-repatriation basis, should not exceed 5% of paid up value of shares/ each series of convertible debentures respectively issued by the Company concerned.
5. The aggregate paid-up value of shares and each series of convertible debentures of a company purchased by all NRIs /OCBs should not exceed 10% of the paid-up capital / each series of convertible debentures respectively of the company. This limit of 10% may be raised of 24% if a special resolution to that effect is passed by the General Body of the Indian company concerned.
6. The NRI investor should take delivery of the shares purchased and gives delivery of shares sold.
7. The net sale / maturity proceeds (after payment of taxes) of such securities shall be credited to NRO account.

REPATRIATION:
Sale proceeds are Not Repatriable. Repatriation of Dividend / Interest is allowed after payment of taxes. 

2. INVESTMENT IN NEW ISSUE OF SHARES /CONVERTIBLE DEBENTURES.

Non resident Indian or an Overseas Corporate Body may without any limit, purchase on non-repatriation basis, shares or convertible debentures of an Indian company issued by way of public issue or private placement or right issue subject to following conditions

1. The payment for purchase of shares and debentures is received out of funds held in NRO account or through an inward remittance in foreign exchange or by debit to the investor's NRE/FCNR account.
2. Where the NRI/OCB is resident in Nepal or Bhutan, the amount of investment shall be paid only by way of remittance in foreign exchange through normal banking channels.
3. The Indian company should be a Chit fund or a Nidhi company nor should it be engaged in agricultural /plantation activities or real estate business or construction of farm houses or dealing in Transferable Development Rights (excluding development of townships, construction of residential /commercial premises, roads, bridges etc.)
4. The sale / maturity proceeds (net of applicable taxes) shall be credited  to NRO account.
5. The amount invested in shares or convertible debentures under this Scheme and the capital appreciation thereon shall not be allowed to be repatriated.

REPATRIATION
Sale proceeds are Not Repatriable. Repatriation of Dividend / Interest is allowed after payment of taxes. 

3. DOMESTIC MUTUAL FUNDS/MONEY MARKET MUTUAL FUNDS IN INDIA.
   
   
4. GOVERNMENT COMPANIES (Public Sector Undertaking)
   BONDS AND SHARES
   
   
5. GOVERNMENT SECURITIES(OTHER THAN BEARER SECURITIES)/ TREASURY BILLS

1. A NRI/OCB may, without limit, purchase on repatriation basis.
2. The payment for purchase consideration is received through an inward remittance in foreign exchange or by debit to the investor's NRE/FCNR /NRO account.
3. No permission is required to purchase or sale of units. Provided the transfer/sale are arranged through registered stock broker or a recognised stock exchange or tender units of Mutual funds to the issuer for repurchase or for payment of maturity proceeds or tender Government security /treasury bills to the RBI for payment of maturity proceeds.
4. The net sale / maturity proceeds (after payment of taxes) of such securities shall be credited to NRO.

Sale proceeds are Not Repatriable. Repatriation of Dividend / Interest is allowed after payment of taxes.