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Originally Posted by andyk2
Hi Tony,
I, too, have been looking at the possibilty of organising investment opportunities in India, but one issue keeps biting me in the Punjab - how does an investor legally get any profit out of India? It seems that the laws of the Indian government allow you to remove from India the same amount as you put in, but it is impossible (legally) to get any profit out. None of our esteemed correspondants from India seem to be able to answer this question despite their willingness to get our clients to part with their money. Any ideas?
Andy
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Sorry bud, I don´t have an answer to that.
Also, I have been advised by Indian investors of mine who are in UK that they themselves are being very cautious for fear of laws and regulations on taxable gains being changed on a whim for expats. I don´t at this stage have sufficient knowledge on India to express an informed opinion, so I am very much in questioning mode.