India's amended Foreign Exchange Management Regulations 2024 simplify opening foreign currency accounts for DPIIT-recognized startups, aligning with the extended definition of startups (10 years, ₹100 crore turnover). The RBI also permits non-residents to hold interest-bearing accounts in INR or foreign currency.
from Tech-Economic Times https://ift.tt/TBN5PZF
Subscribe to:
Post Comments (Atom)
-
The German cabinet will hold a secret session on Wednesday to discuss safeguard measures regarding the possible participation of China's...
-
The Devas shareholders are enforcing an International Chamber of Commerce arbitral award of $1.2 billion to Devas, owed by ISRO commercial a...
No comments:
Post a Comment