Guide to NRIs & PIOs (Policies, Procedures & Taxation)

PART I

Introduction & Background Material

PART II

Status of Resident

Chapter 1 Status of Resident

PART III

Foreign Direct Investment Policy in India

PART IV

Deposits and Bank Accounts

Chapter 1 Deposits 

Chapter 2 Non-resident Ordinary Rupee Account 

Chapter 3 Non-resident (External) Rupee Account 

Chapter 4 Foreign Currency Non-resident Account 

Chapter 5 SNRNR Account

Chapter 6 Acceptance of Deposits by Companies, etc.

Chapter 7 Acceptance of Deposits by Firms, etc. on Non-repatriation Basis

Chapter 8 Deposits in Foreign Currency Accounts Outside India of Proceeds of ECBS/ADRS/GDRS

Chapter 9 Escrow/Special Accounts by Non-resident Corporates for Open Offers/Delisting/Exit Offers

Chapter 10 India Millennium Deposits (IMDS)

Chapter 11 Rupee/Foreign Currency Vostro Accounts of Non-resident Exchange Houses 

Chapter 12 Guidelines Relating to Accounts of Non-Resident Banks and FAQ 

PART V

Foreign Currency Transaction Accounts

Chapter 1 Capital Account Transactions 

Chapter 2 Current Account Transaction 

PART VI

Investment in Shares and Securities

Chapter 1 Issue of Security in India by a Branch, Office or Agency of a Person Resident outside India 

Chapter 2 Transfer or Issue of Security by a Person Resident Outside India under the Foreign Direct Investment Policy 

Chapter 3 Investment Schemes in shares and securities Other than FDI Policy

Chapter 4 Other Provisions Relating to Investments in Shares

PART VII

Investment in Firm or Proprietary 

Concern in India

PART VIII

Overseas Corporate Bodies (OCBS)

PART IX

Borrowing and Lending

Chapter 1 Borrowing & Lending in Indian Rupee

Chapter 2 Borrowing & Lending in Foreign Currency 

PART X

Establishment of Branch or Liaison or 

Project Office or Other Place of Business in India

PART XI

Acquisition and Transfer of Immovable Property

Chapter 1 Acquisition and Transfer of Immovable Property Outside India 

Chapter 2 Acquisition and Transfer of Immovable Property in India 

PART XII

Insurance

PART XIII

Status of Person Returning to India

PART XIV

Remittance of Assets

PART XV

Repatriation

PART XVI

Manner of Receipt and Payment, Export, Import, Realisation, Repatriation, Surrender, Possession, 

Retention Realisation of Demand Drafts and 

Cheques, in Foreign Currency, etc.

Chapter 1 Receipt and Payment in Foreign Exchange 

Chapter 2 Export and Import of Currency 

Chapter 3 Realisation, Repatriation and Surrender of Foreign Exchange

Chapter 4 Possession and Retention of Foreign Currency Regulations

Chapter 5 Encashment of Drafts and Cheques 

PART XVII

PIO, OCI, International Credit and Debit Cards

Chapter 1 PIO and OCI Card 

Chapter 2 International Credit Cards (ICCs)/International Debit Cards (IDCs)/Store Value Cards/Charge Cards/Smart Cards 

PART XVIII

Foreign Investment in 

Limited Liability Partnership in India

PART XIX

Adjudication Proceedings and Appeal, 

Authentication of Documents and Compounding

Chapter 1 Adjudication Proceedings and Appeal 

Chapter 2 Authentication of Documents 

Chapter 3 Compounding Proceedings 

PART XX

Taxation of NRI

PART XXI

FEMA and Allied Acts

Chapter 1 The Foreign Exchange Management Act, 1999

Chapter 2 The Foreign Contribution (Regulation) Act, 2010

Chapter 3 The Foreign Contribution (Acceptance or Retention of Gifts or Presentations) Regulations, 1978

Appendix I Compounding of Contraventions under FEMA, 1999

Appendix II Foreign Investments in India

Appendix III Features of various Deposit Schemes available to Non-Resident Indians (NRIs)

Appendix IV Facilities for Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs)

Appendix V Account Opened by Foreign Nationals and Foreign Tourists

Appendix VI List of NRIs Commissioners

Appendix VII List of State Nodal Agencies