There are certain agencies in India that facilitate and regulate investments by NRIs, PIOs and OCBs. They are mentioned below along with their areas of activities:
Name |
Function |
Website |
Reserve Bank of India |
Regulates investments by persons resident outside India |
|
Securities and Exchange Board of India (SEBI) |
Provides answers to queries on registration procedures, formalities and other investment related issues |
|
Authority for Advance Rulings (AAR) |
Enables non-residents to obtain, in advance, a binding ruling on the issues that could arise in determining their Income Tax liabilities |
|
Secretariat for Industrial Assistance (SIA) |
Provides a single window for entrepreneurial assistance, investor facilitation, receiving and processing all applications, which require Government approval, conveying Govt. decisions on applications filed, assisting entrepreneurs and investors in setting up projects, (including liaison with other organisations and State Govt.) and in monitoring implementation of projects. |
|
Indian Investment Centre |
Advises overseas investors on setting up industrial projects in India by providing information regarding investment opportunities in India, the Government’s industrial policy licensing procedures, taxation laws and facilities and incentives available; helps them in finding partners in India; provides escort services to NRIs |
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