Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

PAYMENT OF FEES

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... fee of 1 [US$10,000]. 2 [(2) A registered foreign institutional investor shall pay a fee of US $ 10,000 for every block of three years after grant of registration during which the registration subsists. (2A) The fee mentioned in paragraph (2) shall be paid at least one month before expiry of the period of three years.] 3 [(2B) In case of a foreign institutional investor who was registered as at th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pay the fees payable by all its sub-accounts within the period mentioned in paragraph (2A).] 4 [(3) The registration fee specified above shall be payable by the applicant by a draft in favour of Securities and Exchange Board of India or by any appropriate mode or instrument as may be specified by the Board.] ---------------- Notes: 1 . Substituted for US $ 5,000 SEBI (Foreign Institutional Investo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... paid in respect of each renewal shall be paid within 15 days of intimation by the Board. 3. Inserted by the SEBI (Foreign Institutional Investors) (Amendment) Regulations, 2008, w.e.f.22-5-2008. 4. Substituted by the SEBI (Foreign Institutional Investors) (Amendment) Regulations, 1999 w.e.f. 16.4.1999. Prior to its substitution it was substituted by the SEBI (Payment of Fees) (Amendment) Regulatio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates