ONLINE filing of FCTRS (Foreign Currency Transfer of Share) return  through e-biz portal of Government of India. Now, transfer between, PRI and PROI or vice -versa of shares/ convertible debentures/ partly paid shares and warrants can be reported online.

Key Benefits

  1. Online filing optional and  to be available w.e.f. 24.08.2015.
  2. Customer to upload digitally signed FCTRS through e-biz portal.
  3. AD ( Authorised Dealer Banks) to download form and verify (may ask for additional info).
  4. Post verification, AD to upload form to RBI, who after processing will allot UIN (Unique Identification Number)

Source:- RBI Notification