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Foundation for Critical Choices for India De Haar 173 2261 LB Leidschendam The Netherlands Phone & Fax: 070 32 76 004 Email: Info FCC.NL Website: www.fcci.nlFebruary 20, 2006 Dear fellow Trustees
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Associations of NRIs AMP refers to the reporting requirement for associations of Non-Resident Indians (NRIs) under the Annual Return of Foreign Liabilities and Assets (FLA) scheme.
Associations of NRIs AMP must be filed by all associations of Non-Resident Indians (NRIs) who meet the criteria set by the Reserve Bank of India (RBI).
Associations of NRIs AMP can be filled out online through the Foreign Exchange Management Act (FEMA) reporting portal provided by the RBI.
The purpose of associations of NRIs AMP is to track and monitor the foreign liabilities and assets held by associations of Non-Resident Indians (NRIs) for regulatory and statistical purposes.
The associations of NRIs AMP requires information on foreign liabilities and assets of the association, as well as details of any transactions related to foreign exchange.
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