SEBI Replaces US Dollar-Based FPI Registration Fees with Rupee-Denominated System
India, July 8 -- The Securities and Exchange Board of India (SEBI) has amended the Foreign Portfolio Investors (FPI) Regulations by replacing the US dollar-based registration fee structure with a rupee-denominated payment system. The move, effective after six months, aims to simplify compliance, improve accounting efficiency and streamline registration for foreign investors.
Key Highlights
SEBI shifts FPI registration fees from US dollars to Indian rupees.
New fee structure will be implemented after a six-month transition period.
Registration fee revised to Rs 90,000 and Rs 2.3 lakh for Category-I FPIs and FVCIs.
Changes aim to simplify compliance, accounting and PAN-related processes.
The Securities and Exchange Board of India (SEBI) ha...
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