PAN Registration by Foreign Nationals  Proof of Identity (following documents are mandatory to be submitted for Identity proof)  A copy of Passport  A copy of the Indian Origin card of the person issued by the Government of India  A copy of the Overseas Citizenship of India card provided by the Government of India  A copy of the Citizen Identification Number or other national or Taxpayer Identification Number that is duly attested by “Apostille” (in respect of countries which are signatories to the Hague Apostille Convention of 1961) or by the Indian embassy or High Commission or Consulate in the country where the applicant is located.

Why do people want to buy shares from India?

Any type of inward remittance from outside India.

GST Registration for Foreigners The Goods and Services Tax (GST) became effective in India on 1st July 2017.

Why do foreign countries want to invest in India?

Scope of Investment in India As India is one of the fastest-growing economies globally, it tends to attract huge amounts of investment from all over the world.

The Central Government may by rules prescribe the manner and the intervals in which the inernal audit shall be conducted and reported to the Board.”

Functions of a cost auditor include making accurate cost audit reports with genuine facts and data, assisting the government with the report in case of investigation.

NOC from Reserve Bank of India (RBI) The company shall require a No Objection Certificate (NOC) from RBI.

Concern 3: A Company not registered as NBFCs made default in repayment of deposit Such companies are not governed by RBI.