Section 10(5)(b) in Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017

[Cites 0, Cited by 0] [Section 10(5)] [Section 10] [Entire Act]

(b)The gift does not exceed 5 percent of the paid up capital of the Indian company/ each series of debentures/ each mutual fund scheme;

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