Capital account transaction definition

Capital account transaction means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons resident outside India, and includes transactions referred to in sub-section (3) of section 6 of FEMA.

Capital account transaction means a transaction which alters the assets or liabilities including contingent liabilities, outside India of residents or in India of non-residents.

Capital account transaction means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets

Examples of Capital account transaction in a sentence

• Definitions- Capital account transaction, currency, current account transaction, foreign exchange, person, person resident in Indiaiii.

• Balance of Payments (BoP) is thus an overall record of all economic transactions of a country in a given period, with rest of the world.Balance of Payments (BoP) account broadly comprises of the following components (i) Current account transaction and (ii) Capital account transaction.

• Definitions – Capital account transaction, currency, current account transaction, foreign exchange, person, person resident in India.

• Meaning of Capital Account Transaction (Section-2e)⚫ Capital account transaction to include the transaction as altering theassets + actual liabilities + contingent liabilities (all) located outside India+ owned by resident in India under section 6(3) of FEMA, 1999.

• Capital account transaction rules will also need to be amended to exclude REITs from the definition of ‘real estate business’, as even foreign portfolio investment is not permitted in real estate business.

More Definitions of Capital account transaction

Capital account transaction means a transaction which alters the assets or liabilities, including

Capital account transaction means a transactionwhich alters the assets or liabilities, including contingent liabilities, outside India ofpersons resident in India or assets or liabilities in India of persons resident outsideIndia, and includes transactions referred to in subsection (3) of section 6;

Capital account transaction means foreign exchange transaction between a resident and a non-resident for the following purposes:a/ Direct Investment;b/ Investment in valuable papers;c/ Foreign borrowings and repayments;d/ Provision and collection of foreign loans;đ/ Investments in other forms in accordance to the laws of Vietnam;

Capital account transaction means a transaction which alters the assets or liabilities, including contingent liabilities, outside India of persons resident in India or assets or liabilities in India of persons resident outside India. 5. "current account transaction" means a transaction other than a capital account transaction and without

Capital account transaction means, a transaction which

Capital account transaction means a transaction that alters the assets and liabilities, including contingent liabilities outside India of persons resident in India or assets or liabilities in India of persons resident outside India, and includes transactions specifically referred to in the FEMA. 7

Capital account transaction means any transaction –